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AOC deletes tweet celebrating oil price crash after she is criticized for making light of job losses
  • [Daily Mail, Where America Gets Its News] Democrat quickly removed the post after US crude oil futures turned negative

  • They hit a stunning minus $37.63 a barrel; it was roughly $60 at the start of 2020

  • 'You absolutely love to see it,' Ocasio-Cortez replied to a post on the news

  • AOC then followed up her tweet with a post calling the slump a 'key opportunity'

  • Representative Jodey Arrington hit back: 'I don’t “love to see” oil & gas workers & their rural communities suffering as a result of this devastating price collapse'

  • Traders are still paying $20.43 for a barrel of U.S. oil to be delivered in June

  • Oil is traded on its future price; the May futures contract expires Tuesday

  • That exacerbated volatility; by Monday evening US oil prices were back above 0

Posted by: Fred 2020-04-22
http://www.rantburg.com/poparticle.php?ID=569373