09 February 2017 (16:19 UTC-07 Tango 06) 21 Bahman 1395/12 Jumada l-Ula 1438/13 Ren Yin 4715
On Nightly Business Report oil analyst John Kilduff essentially bitch-slapped the Obama regime’s optimistic claims about the economy (and despite reports that “Obama has presided over America’s biggest oil boom ever“), specifically using demand for oil as a gauge of how bad the economy was during the last few weeks of the Obama regime: “…it had reached such a low level……in demand that you would see during a sever recession.”
The crashing oil industry began under Obama’s watch, but Trump regime haters take heart, Kilduff also warned that economic and environmental policy changes in China could result in a huge shutdown of industry causing demand for world oil production to crash by 900-thousand barrels per day! Meaning it’s likely the oil industry crash caused by crashing demand, which is caused by people and industries not having enough money to buy oil products, which is a sign of a suck-ass economy, will continue under Tump.
OBAMA LEGACY: TRADE DEFICIT AT RECORD LEVEL?