A lot of people about to lose their jobs in the oil and gas industry. But they probably voted for this shit so oh well
2025-12-18 21:11:59
958
Timbo :
Trump crashes the oil market for short term gains then lets the next president deal with the consequences
2025-12-18 21:51:46
611
mason.spx🔻 :
When Mr global says something imma be scared about it 😭
2025-12-19 17:18:37
403
Brad :
We cannot be "energy independent" and have $2.00 gas. It don't math
2025-12-18 21:26:15
287
Wu 𖣂ׁ 🥓 :
I believe this is a long game. The US and Saudi Arabia can afford to lose money in the short term. Iran, Venezuela, Russia CAN NOT. So if we can tank their industry before we lose too much money. We will be able to make more money from this in the end.
2025-12-18 22:08:13
22
Amy Michelle :
But this is because OPEC is collapsing so the US is profitable at a lower level than before.
2025-12-20 15:07:07
7
jackgip :
well Trump is stealing Venezuelan oil. oil companies will get it free so it's all profit.
2025-12-18 22:00:36
39
Jordo Music :
Could we be drilling to get the strategic oil reserves back up to full capacity?
2025-12-18 20:38:01
11
Caiden 🇸🇻 :
Didn’t the price go down to 30 to 40 a barrel?
2026-01-08 13:55:42
2
Name :
Break even is dropping right now. Innovation and consolidation in the industry is making a more stable production environment.
2025-12-19 23:20:12
9
Thomas :
This isn't completely accurate. OPEC is crumbling and since world prices are dropping we are making money at lower price levels compared to Russia and other from their own war.
2025-12-20 15:58:37
12
angel_e365 :
This is technically incorrect. It’s been a little while now since we’ve been able to make profit at about 40 dollars a barrel. This is due to changes in technology and location. Lots of our oil is currently being drilled out of the Permian basin which can consistently make profits at 40 a barrel. Just some food for thought from a local Texan. Huge fan btw!
2025-12-19 22:48:34
13
willamdrakes :
The break even point isn’t 70 dollars anymore it’s closer to 45-50
2025-12-19 18:56:34
2
nope :
eh I have an EV so
2025-12-20 10:37:09
1
user99999 :
yeah but mr global is wrong most of the time lol
2025-12-19 06:54:13
6
necessaryninjakid :
Where do your charts come from?
2025-12-29 06:22:08
2
Eric Barlow :
If we keep going at our current rates we'll effectively run out of oil by 2080. If we're going to increase production it will run out sooner. The solution has always been nuclear but the oil barons don't care.
2025-12-19 21:58:01
1
WoooWooo :
Are you serious?
2025-12-19 21:28:15
1
joe 🇵🇸🇮🇪 :
Frac rigs were down 8 this past week and down 50 for the year.
2025-12-20 16:04:21
2
Juan Saenz :
I work in the oil and gas industry and tbh it’s not even slow rn so idk I’ll let you know what’s up next year
2025-12-21 09:07:26
2
threecsix :
maybe you could do a video on why the fuel economy hasn't changed in automotive vehicles very much in the US. It seems like we can move every technology we want except better gas mileage in a car.
2025-12-18 21:16:21
3
D. Wolfwood :
Time to go solar and get an electric car.
2025-12-19 20:54:09
1
MWDaveT :
Break even price varies by region in the Permian it probably closer to mid 40s
2025-12-19 18:20:28
2
🌲 León :
This is to do with OPEC and a previous break even that let oil companies get so much money that now they can break even at even lower prices. Nothing to do with any president at all (not his fault but not because of him it’s down)
2025-12-20 19:54:22
2
mister :
Not to mention this is what MBS wants. Take US oil off the market and hurt Russia and Iran = OPEC is stronger.
2025-12-20 17:15:13
1
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