CNBC’s Brian Sullivan discusses the reasons behind the ongoing drop in oil prices, if we’re heading for an oil shortage, and more.

    9 Comments

    1. it is a joke that Mainstream Media believes the Fed is being Hawkish with The Fed Funds rate at 1.2%! This is laughable! 14 years of 0% interest rates and QE money printing to infinity and Mainstream Media believes the Fed can raise interest rates by 1% and cure all of the inflation and bubbles in stocks and housing! There is going to be a lot more pain to come. End the Fed and return to a Sound Money Silver and Gold Standard like the Founding Fathers intended!

    2. the analysts who said oil would be $140, $150, and $200 are looking real foolish now. welcome to the recession. this is where prices for almost everything go down regardless of how high the demand is.

    3. Brian, you are on top of this and you explained it so the average person may understand why gas prices are not going down as fast. 100% correct on the fall build back.

    4. ATTN SHORT SELLERS, RETAIL INVESTORS!!!
      I see retail investors listening to so called news & go Short. Remember it's the time when the super rich buy from you, do quick Squeeze to take your money. ALWAYS DO THE OPPOSITE! "Only dead fish go with the flow"

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