Massive Job Loss In United State Due To Low Oil Price-cnn - Foreign Affairs

Massive Job Loss In United State Due To Low Oil Price-cnn - Foreign Affairs - Nairaland

Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Massive Job Loss In United State Due To Low Oil Price-cnn (842 Views)

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Massive Job Loss In United State Due To Low Oil Price-cnn by Nobody: 5:14am On Jan 18, 2016

Crude oil prices dropped below $29 a barrel on Sunday evening as investors brace for Iran's return to global oil markets.

The escalation of the oil crash over the past few weeks ahead of the Iran sanctions being removed has alarmed investors. It's one of the main reasons why the Dow has plunged 1,437 points so far this year.

While cheap oil is great for American consumers, it's causing chaos in the energy sector. Profits are plunging, jobs are being slashed and dozens of oil companies have filed for bankruptcy.

At the same time, some investors believe cheap oil is a bad omen about the health of the global economy, especially in China.

http://money.cnn.com/2016/01/17/investing/oil-prices-iran-sanctions/index.html

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by Edwinmason(m): 5:26am On Jan 18, 2016

Who cause am in d first place?

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Re: Massive Job Loss In United State Due To Low Oil Price-cnn by Bitterleafsoup: 5:43am On Jan 18, 2016

Bad omen my foot oil is cursed. We must move on to cleaner energy!

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by Nobody: 6:04am On Jan 18, 2016

Bitterleafsoup:
Bad omen my foot oil is cursed. We must move on to cleaner energy!

Diversification takes time and money. Minimim of 2years. 2016 and 2017 will be a bad year for Nigeria economy. Improvement starts in 2018

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Re: Massive Job Loss In United State Due To Low Oil Price-cnn by stanech: 6:38am On Jan 18, 2016

Blame oil cnn but the truth is obama has a weak economic policy

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by AlPeter: 6:41am On Jan 18, 2016

Nah Buhari cause am ooooo. He is the one making dem lose their jobs.

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by joseph1832(m): 7:33am On Jan 18, 2016

Bitterleafsoup:
Bad omen my foot oil is cursed. We must move on to cleaner energy!

Ah, I didn't hear you blame Obama for the loss of jobs oh, just like you've been blaming PMB for the loss of jobs in Nigeria?.

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by Bitterleafsoup: 9:01am On Jan 18, 2016

joseph1832:
Ah, I didn't hear you blame Obama for the loss of jobs oh, just like you've been blaming PMB for the loss of jobs in Nigeria?.

My friend did Obama stop business from happening? Did he cancel contracts with car manufactures that would create thousands of jobs? Be serious!

Re: Massive Job Loss In United State Due To Low Oil Price-cnn by joseph1832(m): 9:49am On Jan 18, 2016

Bitterleafsoup:
My friend did Obama stop business from happening? Did he cancel contracts with car manufactures that would create thousands of jobs? Be serious!

Did you ask why he cancel those contracts? You know I'm always serious when it has to do with you. tongue

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