{"id":291,"date":"2016-01-25T14:23:50","date_gmt":"2016-01-25T19:23:50","guid":{"rendered":"http:\/\/www.floridainjuryattorneysblawg.com\/?p=291"},"modified":"2016-01-25T14:23:50","modified_gmt":"2016-01-25T19:23:50","slug":"price-oil-must-set-save-retirement-investments","status":"publish","type":"post","link":"https:\/\/www.joannhoffman.com\/blog\/price-oil-must-set-save-retirement-investments\/","title":{"rendered":"The Price of Oil Must be Set to Save Your Retirement Investments"},"content":{"rendered":"

If you review the\u00a0graph at the bottom of this article\u00a0you will see that as the price of oil goes so goes your investments. My solution is\u00a0to stabilize the stock market and global economies by having\u00a0the U.S. \u00a0set the price of oil at $45 per barrel. At the current price of plus or minus $30 per barrel, oil companies are losing money by pumping oil. In Ohio, it costs approximately\u00a0$900,000 \u00a0to drill a 4800 foot well that produces both oil and natural gas. The bankers are calling in the loans extended to the oil drillers and of course the oil drillers can’t pay so\u00a0they will go belly up. The wells will not be maintained and the weak wells with little production will have to be shut in (sealed off) by the state as they are abandoned or else it will cause pollution. The taxpayer will pay that shut-in expense and the unpaid financial loans will bring down the financial institutions’ profit. All will cause greater economic turmoil and our stock market will fall further if oil pricing isn’t stabilized. \u00a0Why not ask the Saudi’s to stabilize oil? \u00a0They only produce 1\/9th of the world’s oil so they can’t do it alone. The United States leads in oil production and we must lead the way. Consider the below\u00a0chart<\/a> showing oil production by country. \u00a0Even though some of the 13 Nation OPEC countries along with Russia are talking about not producing more oil (premised on\u00a0other large producers such as Iran, Iraq \u00a0joining), the Unites States needs to be a part of such an agreement as we are the number one oil producer right now.<\/p>\n

<\/span> Continue reading \u2192<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you review the\u00a0graph at the bottom of this article\u00a0you will see that as the price of oil goes so goes your investments. My solution is\u00a0to stabilize the stock market and global economies by having\u00a0the U.S. \u00a0set the price of oil at $45 per barrel. At the current price of plus or minus $30 per […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-291","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nThe Price of Oil Must be Set to Save Your Retirement Investments — Florida Injury Attorneys Blog — January 25, 2016<\/title>\n<meta name=\"description\" content=\"If you review the\u00a0graph at the bottom of this article\u00a0you will see that as the price of oil goes so goes your investments. My solution is\u00a0to stabilize the — January 25, 2016\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.joannhoffman.com\/blog\/price-oil-must-set-save-retirement-investments\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"The Price of Oil Must be Set to Save Your Retirement Investments — Florida Injury Attorneys Blog — January 25, 2016\" \/>\n<meta name=\"twitter:description\" content=\"If you review the\u00a0graph at the bottom of this article\u00a0you will see that as the price of oil goes so goes your investments. My solution is\u00a0to stabilize the — January 25, 2016\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.joannhoffman.com\/blog\/wp-content\/uploads\/2016\/01\/IMG_2991-1.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jo Ann Hoffman & Associates, P.A.\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Price of Oil Must be Set to Save Your Retirement Investments — Florida Injury Attorneys Blog — January 25, 2016","description":"If you review the\u00a0graph at the bottom of this article\u00a0you will see that as the price of oil goes so goes your investments. 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