John Kilduff, CNBC contributor specializing in energy trading, talks with Rachel Maddow about the dynamic between Saudi Arabia and Russia that has caused the price of oil to drop precipitously and clobbered a stock market already crippled by coronavirus concerns. Aired on 3/9/2020.
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Saudi Arabia Seizes Oil Market By The Throat; Stock Market Shokes | Rachel Maddow | MSNBC
Blue light special is K Mart not Wal Mart Mr. business expert 😂👌
The guy just got a little flustered sitting three feet away from Rachel.
@Coffee Cool The Trumps can’t do math; have a 30 second listen: https://www.youtube.com/watch?v=O-433LmW5K4
@Coffee Cool yeah pretty sure they’re better at math than you are at proof reading smh
Dr. Beau Hightower socialism will solve that for you. How about no coffee or anything else.
lol, speak, oh self anointed “Dr.” of BS.
“hightower,” indicate’s a culture of paranoia++.
just sayin’
Another reason to work on alternative energy–let’s stop depending on Saudi Oil.
@Scaffgal Drink a cold glass of water, it helps. Saudi Arabia is doing what any country would do with what Russia been doing. You wanna full speed? We’ll show you new kind of speed. Long live the King 👑
Get Trump on a tread wheel – enough unused energy in his bloated body to sustain the US for decades and he might just live a little longer with it.
My republican friends literally thing thats a dumb idea and pollution isnt really a thing. I used to be Republican. Keywords, “used to be” because of common sense
@Nikolai Ninja, my thoughts and prayers to your Republican friends.
no
_Socialism for US oil companies has entered the chat._
B-b-b-but capitalism…!
N-no b-bailouts…!
@Jerome Lund Because socialism works wonders 😀 😀 😀 😀 😀
The Saudi Arabians did to the oil companies what Walmart does the small business on a daily basis
@Steven Sweeden what’s with the you people are you not American
At least the Walmart profits stay in the US..
@just enough Yeah well don’t just call me “stupid” dipsh#t! Any simple child can do that. Go ahead and decisively break it all down and if and when you ultimately fail, I will deconstruct, dismantle and dispatch it back to you piecemeal like a upright, blessed man!
Go ahead!!! Come see what God has poured into this vessel!
Good People…what are you talking about. We make so much and export all around the world. The chinese have India to worry about. India makes things too and have more people than China. We have lots of manufacturing with higher standards and better pay. Trump is doing great making the regulations work in tandem with industry, making taxes work with industry and workers. China has India to worry about. If we wanted cheap stuff and lets say we still want to purchase from other manufacturing countries…that is why we have MEXICO. Closer and in our continent. Case closed. The politicians sold us out. Trump is fixing the mess corrupt politiians like joe and weak charlatans like Bernie have done all their life in government. If it wasnt for risk takers putting their money where their mouth is we would not be as successfull as we are. Free. not commies, not control by a socialist power hungry few in a government circle like Putin or maburro.
@Steven Sweeden Oh – me people eh? And who would they not be?
Gas is CHEAP In My town right NOW it’s shocking 😲😲😲😲😲😲 I filled my tank and 2 gas cans I wish i had one of those gas drums!!!!!
@Junior Faber $2.95 in Seattle everything is so expensive here rent studio $1500 houses 500k that elsewhere cost 80-120k houses look like they about to fail off anytime!
The Artist Shay artist has goes off with age not a good idea to store to much
rag to riches omg !!! Dude that’s hella high almost the same as Diesel… hope it gets better for ya over there dude
It’s gonna get cheaper lol shouldn’t have filled those gas cans yet it isn’t going up anytime soon
@rag to riches same in dc area
Is Trump Tired of winning yet ? America, beaten at its own game…
@nsgkuaov it’ll never change research why we went to war with Saddam Hussein because he started selling oil in the euro dollar instead of USD
Just wait till the game is over
David Nichols really?? Because he sold oil in euros? You do realise that almost every oil producer in the world sells oil in euros? It is only the spot price for oil that is always in dollars . The almighty dollar ain’t that almighty anymore I am afraid everyone hedges their bets including oil companies.
Wish we had that much control over the oil market but it has been a long time since we have and I don’t think it’s going to ever return.
The answer is simple. Tariff Saudi and Russian oil so heavily it can’t compete with domestic crude in the US market. Can be done with the stroke of Trumps pen.
is not over till the fat lady sings….yep so far Trump winning. dont bet against Trump or against the USA.
2020 R I P new energy producers and go green people 😂
Probably a bad call on the part of Saudi Arabia to mess with Russia. They’re both scary mobsters though. Everyone thinks they’re playing 3D chess. I highly doubt it. It’s all testosterone and chest puffing.
They are playing Chinese Checkers by drawing on a few more lines. 💁♀️🙋♀️
Thats true, both are scary but even putin was a spy
It’s no different than the drug cartels claiming their territory.
@just enough So interesting what you say. I remember the day I realized many years ago with a shock what kind of people the Israelis are, and I make a point not to call them Jews. The Jews I know are not like them.
@just enough The welfare queen is only alive because it sucks the blood out of US taxpayers.
This is for all you stable geniuses out there. Shoke: a sudden strong unpleasant or upsetting feeling. A shock of a surprise.
Most of the wealthy love it. This is when they invest
What happens when everyone is told to stay home, or has the good sense to do so? We use less gas.
Then they will roll out the rest of the nwo so no one can buy or sale unless they have the mark of the beast.
@sunflower rayne oh we already have that! Have you ever noticed the symbols on the food we buy the U or K symbol’s.those are the mark of the BEAST.oy vey
@just enough The Beast? lol, are you serious?
Not just that, but travel is down. Airplanes uses significantly more gas than daily drivers. Cars are very efficient
Ramon Flores…Don’t forget the Major Benefit of reducing US Carbon Emissions. With only two Democrat Candidates remaining, which means there are now 27 less candidates PJ’s being used, in order to save the planet, by their promotion of the Green New Deal!!!!!!!!!LMFAO 😂😂😂😂😂😂😂😂😂
The only difference is USA not solely dependent on our oil to stay afloat.
Nor is Russia.
Saudi Arabia is bossing other countries to what Saudi wants 😂👍
Mr. Business expert, John Kilduff is smoking weeds, and some of you peoples here are also high in weed. Do a little critical thinking here. The U.S have control of the Saudi oil. The U.S caused this drop of oil price. The US and Saudi have their hand in this price war. The drop in oil price will cripple Russian gas and oil productions and infrastructures to Northern Europe and around the world. Listen carefully, the U.S knife start at 2:06 stated by Rachel Maddow. Making Oil cheaper so that other oil depend countries such as the EU will not depend/buy Russian gas and oil. This price war is actually aimed at Russian oil.
madcow must really lack intelligence if she thinks russia is gonna break to the saudis. lol 150 billion in reserves . i sometimes think a toddler would make more sense than a liberal madcow!
I wouldn’t doubt trump has his hands in saudi plan for a price! I have no trust in what trump is capable of. He sure hasn’t said a word against the Saudis!!!
Until you found a replacement for oil. Saudi Arabia run this world. Keep them happy
God gave the Oil to Saudi Arabia, the others can just follow
Ali Al-Naimi former Saudi oil minister
Maybe it is time that we all start investing in something of TRUE and LASTING value. Maybe we should turn to God and keep His commandments. That is the main thing right now. Look to God and His Son, and keep their commandments. Anyway, that is my thought on the matter.
WHAT IS THIS SAUDIS’ FIXATION WITH NECKS??
Wow – the Saudis practicing Capitalist economic theory! Who would have thought.