Something to think about, if you believe in following the Money...The Oil Price War started last month by Russia and Saudi Arabia is GREAT news for the Chinese economy & gives them an "out" regarding #1 below, as there is a crazy "Pandemic Clause" (I'm not shitting you, Google it). 1. On January 13, 2020, USA and CHINA signed a Phase 1 Trade Deal. The agreement calls for China to increase its purchases of US energy from 2017 levels by $18.5 billion in 2020 and $33.9 billion in 2021. So they need to buy $50 Billion from the USA in Oil over next 2 years. 2. Saudi Arabia and Russia are China’s Top 2 Crude Oil suppliers. Have you seen what's going on with OIL? Massive All-Time Lows, moving from $70/barrel to even negative futures of $(-37)/barrel for a few days, which literally meant they would PAY YOU to store Barrels of Oil (I am so pissed I sold those Oil Tankers I had on Craigslist… that was a joke). You should have noticed this at the Pump, and a lot of you Posted pics of crazy low Gas Prices... but too bad we are barely driving anywhere right ;-) RAY D CONCLUSIONS: 1. I think we can ALL agree that the COVID-19 CoronaVirus at least STARTED in China right? Whether from (1) Bat or Man Made... it started in China, agreed? 2. Now CHINA can buy OIL from Saudi's & Russia for maybe $10-20 vs $40-60 Dollars per Barrel. They have already filled up as much as possible, and saved Billions of Dollars. 3. CHINA can renegotiate the USA Trade Deal, which would have had it buying the USA Oil at closer to the $60 range OR since the Price is down, they are at a minimum getting way more Bang for their Buck, where Bang=Oil in this case! 4. The ONLY WAY #1 and #2 could happen, would be if "Something Catastrophic" took place, that "kept everyone inside" so that you are not Driving, Flying, and using Oil... so NO demand, while Russia and Saudi's REFUSE to stop adding to the SUPPLY? 5. Lastly, do NOT underestimate how PISSED OFF Russia and Saudi's are due to this Chart below👇. 5 Millions Barrels a Day x 365 Days x $50 a Barrel (let's use $50)= $91,250,000,000 Billion Dollars for the USA. Just give it some thought... No Blue, No Red, BUT A LOT OF GREEN. https://www.instagram.com/p/B_5Zv_6pkUQ/?igshid=15nl0li042w7
