Oil executives are predicting years of crude oil issues as economists are upping the probability of a U.S. recession within the next year. NBC News’ Maura Barrett has the latest on how the White House is trying to tackle these tough trends.
» Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC
» Watch more NBC video: http://bit.ly/MoreNBCNews
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App: https://smart.link/5d0cd9df61b80
Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621
Visit NBCNews.Com: http://nbcnews.to/ReadNBC
Find NBC News on Facebook: http://nbcnews.to/LikeNBC
Follow NBC News on Twitter: http://nbcnews.to/FollowNBC
#TopStoryWithTomLlamas #Oil #Recession
source
time to move to the Islands! 18.4 cents a gallon helps high volume users, not so much…me
So god makes money
I'm a leftist from Canada and Biden is a tool for his donors looking at Texas district it was blue since I think 1800 and now it's red looking like a big red wave
It's time to take the train and bus to work. Move to the city and take mass transportation
We just heard the truth from Exxon, they can't handle what We need to run our world anymore. That says to me that they are obsolete, their technology is filthy and We need to plan for the need for fossil energy to end asap. Exxon and all the other oily spoilers have ignored this fact since I was in high school in 1975, and that has lead us here. Fossil fuel is made from ancient dead stuff, We are in that tar pit slowly being consumed by it.
people seem to think that this won't happen with the green companies also. get hooked on wind and then watch them shut down half their wind farms or just stop fixing the thousands of broken turbines.
Biden may not last, ExxonMobile is here to stay ;-)))))
GAS GOUGERS. PERIOD. AMERICA IS SUFFERING AT THE GAS PUMP. CEO OF EXXON IS PAYING OFF THEIR YACHTS
Just a few years ago they were bragging about how they produced more oil then any country in the world.
As far as the wicked,at the day of the Lord 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥 they will own nothing AND THEY WON'T LIKE IT. Thank you Father for ending satans beast system at the day of the Lord when all those who do wickedly will be ashes at the feet of God's elect and none shall escape.
My business was targeted to be pushed into fraud for oil and gas.
Go to Cushing OKLAHOMA they have
Now this is ridiculous these people are doing it right in front of your face and nobody sees it. These are Donald Trump executive supporters. And you know what they doing they're telling you they're raising gas prices on purpose they are causing the inflation not Joe Biden. They already got billions and billions of dollars they know America's suffering. But because Joe Biden said they should pay their Fair sharing taxes this is their retaliation. And we just sit back oh inflation gas prices are getting high we need Joe Biden to do something protest against exile demand Exxon lower their prices because they know Americans are suffering the pandemic just started to get under control why are they not going through it with us but demanding that we get them out of it with the little bit of assistance we're getting and they're demanding more assistance because you raise the wages to $15 so people can live a little better this is what this is about. People it's not the president it's the Republican donors
So translation. We aren't going to raise production because we like the money we are making. So we are thinking of gouging the working class for at least 5 more years. All of the problems they are talking about is controlled by these corporations, they are not just reacting
Illuminating eliminating each other bend over and smell the Roses
…and I predict more electric cars is the future.
How about the record breaking profits these corporations are raking in and the stock buybacks? Corporate greed.
oil is going down….
These rich oil tycoons know their time is coming to an end. They cant live forever.
Record profits and production and supply is low. How do both of those coincide with each other?
A little eco-terrorism going on here on?
ENGLISH TRANSLATOR FOR THE RUSSIAN SUPPLIER WHO TURN ON AND OFF TAP , why is Exxon a middle man , the pay pal between people and the supply ?
There's a big difference between donating blood and donating plasma donating plasma you can die because it pumping stuff back into you. 📡👽🇺🇸 RUN!!! You got to pray that some underpaid nurse change the filters in the plasma machine.
All this money for decades and they never built a new refinery something more efficient something better nope never and this is why we pay the price. 📡👽🇺🇸 RUN!!! It's in their best interest to keep things Stone age style it's good business.
Wrong answer.
Find the right answer-corporate oil.
https://www.youtube.com/watch?v=RH0F75tpD_A&ab_channel=VICETV
🖕🏻🖕🏻 Him! How about stop raping us while you’re getting record profits!
They gotta fill their pockets before alternatives take over.
And yet they are making record profits right now.
Oil price increase because of oil speculators in oil market. If demand is high for oil, they will produce more crude oil to earn more money, no need for oil price increase. The cost of producing oil is the same so why price of oil is so high. Oil price is high now because of oil market or oil exchange is a casino with people betting for profit. We must crackdown on these few people which make gasoline price up and our life difficult.
They want to keep gouging people time for people to stop the wheel and don’t go to work they are destroying America it’s all a lie it’s Wall Street wake up America no more bailouts stop this madness
i predict greed in the years to come.
Good news is….Exxon lies to us
I guess we drained the tap a few decades early
Fine we will just stop buying it see how they like that.
Just watching a video on how to turn plastic to gas.. endless supply
Look at them already set up the next oil trap for the world! Crooks
Oh come on please people wow
All I heard was ‘we’re gonna keep ridin’ dirty’.