(04-20-2020, 02:34 PM)mikesez Wrote:

(04-20-2020, 01:32 PM)jagibelieve Wrote: Crude oil took a huge dump today.  As of right now it's down around $2.45 per barrel.  Not good for the industry.  That's almost an 85% drop in one day.  On the one hand it will be good for consumers with gas prices falling, but on the other hand it's going to cause more job loss and bankruptcies.

There will never be a better time for our government to implement a carbon tax.  Costs the economy nothing now.  Will ensure people invest in more energy efficient technology, and painlessly. Plus if it actually generates significant revenue, you can cut other taxes.

You have no idea what you are talking about.  Your liberal "green new deal" pipe dream will never happen.  The worst thing to do is add even more burden in the form of a tax to any industry, especially when said tax is for artificial purposes.

As of right now crude oil is at -$35.20.  That's not a typo.  This is pretty much going to be the demise of several drillers, refineries and JOBS.  To say that it will "cost the economy nothing now" is pretty ignorant.

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