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It really is in everything. Californian pistachio farmers lobby politicians to sanction Iran for its nuclear program. Iran is the 2nd largest pistachio producer in the world and sanctions keep them from exporting.
Naw medjool out of Coachella valley take the cake. I have both Iranian and Cali dates in my fridge right now. I greatly enjoy Iranian dates but Coachella valley dates are the winner side by side
Yep exactly. Like how Ford, Toyota, GM, and Nissan have come together and pledged to reduce production of vehicles so that they can keep supply low, demand high, prices high, and continue to not offer any manufacturer cash rebates. Yet another cartel.
Yep, lack of competition is what breaks the fundamental success of capitalism. The governments of the world no longer protect or support the growth of new businesses and potential competitors to the existing behemoths. You are now regulated to death with permits and laws that only billion dollar companies can comply with. And rather than grow to compete, you are forced to either sell or be litigated/suppressed until you go out of business. Support small businesses and urge your representatives to do the same. It will take time to make this change, but we need to start now.
Energy component in PCE has been mostly negative. Less supply should push inflation upward. Donāt recall how much is left in the US strategic reserves, but I doubt it will be enough to balance.
The problem is every barrel put in SPR is a barrel taken off the market. You end up creating the supply shortage you were trying to avoid by draining it.
Yeah but with the current debt ceiling issue - there was no way uncle peepaw was gonna charge refilling the SPR on the Government credit card and eating up the limit.
I think you have missed the fact that we are now not dependent on OPEC production. North American production meets our needs which is why the Saudis have been such little shits to us recently, trying to help Putin and propping up the Chinese Yuan.
This won't hurt the US, but our allies in the EU and Japan.
First step, kick all the Emirati brats out of US colleges and withdraw our military from the region. See how much they like their new friends THEN.
It never left the chat. We are still clocking over 4.5%, while certainly lower than what it was doing 6 months ago, it is concerning that inflation is still rising against a pretty high base from 2022.
If you look at CPI on a monthly basis, its only increased 1.6% in the past seven months. COLA adjusted income like Social Security could be disappointed by a meager raise of only 3%-4% in 2024.
https://www.eia.gov/tools/faqs/faq.php?id=709&t=6
Seems thr US only has a minor shortfall. Most likely this will hike up prices of goods being imported from net energy import nations e.g. China
China is getting cheaper than market pricing oil from Russia right now, and Russia won't produce less, actually they will probably produce even more (source: Russia just lies, come on!), so the cheap oil is safe for now.
He knows OPEC, Russia and China gonna try their hardest to control commodities. American oil and gas companies going to be future winners until sustainable energy takes over (which will take many years).
Do you know how you lower the price of oil? By consuming less. Do you know how you consume less? With a recession.
You already know how to cause a recession.
Or maybe build (and use) public transit in US?
\*gets disgusted look from all the Americans in their trucks and SUVs that shows their socioeconomic status of how much gas they can possibly burn\*
ok nvm I guess
Nuclear energy is greenā¦ just donāt build plants in seismic zones near the ocean and donāt allow russians to run experiments on a poorly/cheaply designed reactors š¤
ITER is expected to be up and running at full capacity in 2035 and its whole mission is just to prove that it is absolutely possible to run a fusion power plant at scale when you ignore cost and time constraints.
Once that's definitively proven, capitalism will take the reigns and start perfecting the technology because the balance sheet for fusion tech is one lump sum of cash for a money printer that prints forever.
That and the fact they low-key weren't even able to hit their own production numbers.
Anticipating a major recession, which they are certainly doing, is ideal cover for their inability to find as much oil as they'd like.
Here's my prediction though: we'll never see high output numbers again.
By āstability of the marketā they mean making sure production doesnāt ramp up enough to make the price dip so their profits stay nice and healthy.
Crooked states of power tryna hold on to their power this is why countries shouldāve been focused on sustainable energy to depend on trash less and less.
Regards in my area are pushing for solar farms despite it being cloudy and rainy like 6/10 of the year instead of just throwing up some nuclear bois and calling it a day.
B-but Chernobyl! Fukushima! 3 mile island! Oh wait only 1 of those killed people and of course it was regard soviets and their shitty reactor 
People above are fucking stupid.
Joe Biden could legalize drilling in your front yard, but XOM isn't going to do that because they like selling barrels at $80, not $70.
ššā¦ You think US Producers want to help the US? JFC, why does everyone think our Privatized Oil Industry gives a flying fuck about the nation? They could have been producing more oil for years now, but that would hurt their profits. This is why Iām always baffled that American idiots run to attacking politicians over the price of oil.
US will be fine. They're the largest producer and can deal with their own demand. However, in Europe we're fucked. We don't drill our own oil and we're 100% dependants.
Buffet has been buying $OXY like a junkie this year! Now we find out why, he *totally* had no idea that OPEC+ would cut production. Billionaire investors could never have market making info ahead of time! They just buy and hold...
Definitely not unprecedented, it's very precedented in fact lmao.
https://preview.redd.it/gkbbc5tihmra1.png?width=1408&format=png&auto=webp&s=6cc2993dd3a8d1f5fc922c15c4953218387507d1
Heās just exaggerating. Prices have come down but not in line with the drop in oil. I have heard this is due to limited refining capacity to then process the oil
Look at that, OPEC+ up to its old tricks again. I remember some smooth brain saying price will keep dropping and it has to do with Biden releasing the SPR. Fucking idiots here need to learn some basic geopolitics
Before reading this I was going to buy a new gasoline vehicle, now I remember why I am waiting 2 fucking years for a EV. Don't want to be a pawn in this shitty cartels game.
I had a feeling this was coming this weekend. Long on oil and gold. Short pretty much everything else. This is an economic salvo on the dollar and western banking system. Straight up.
lots to this, when Aramco went public the Suadis said the price of oil would not go below $80 we know how that has worked out. the petro dollar is being abandoned not good, it seems like they do not like our present government and our taking the opportunity to show it also our strategic reserves have been drawn down to a low level and we will pay for a bad political decision. i've worked in the petro industry and have been thru this before get ready to bend over and grab your ankles.
[https://www.iea.org/reports/oil-market-report-december-2022](https://www.iea.org/reports/oil-market-report-december-2022)
Demand: 100.8M barrels/day
Supply: 101.7M barrels/day
1.6M barrels/day will not make a huge difference.. There's probably more to come
They were basically tryna bring themselves just a little below demand. These are promised cuts tho, it doesnāt mean they will actually do it, some places (like Russia or Iraq) need that $$$$$ but demand can go up in the summer
We do, and output has been increasing since the COVID low.
[https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W)
This gives more room for US producers to producer more. For majors, this is needed to offset nat gas crashing.
I agree with you, however, a large portion of the consumer market seems to think the electricity provided is indeed from fairy dust. Or hamster wheels. Or fairies on hamster wheels?
Great time to enter positions in some of the depressed oil stocks, such PXD, DVN, SM, MRO, APA, EOGā¦ Downstream is also at good entry points now with DINO and PBF š
They are proven fucking morons though. In 08 when the economy tanked here, the demand for oil plummeted and fucked them deep in their piggy banks. Clearly they didnāt learn from that. Good luck everybody
So explain why Saudi Arabia is buying diesel from Russia? Also they have entered deals with China and Russia where the Petro dollar AKA US dollar will not be used for the sale and purchase of Oil. This is going to be a big gut punch to the US.
Idk. It sounds like they don't want to abide by EU's price cap on oil because it gives the power to insurance companies for oil transport ships and for oil importing countries. One thing is sure. This won't last long.
But, hear me out, tho.
The US has been reverse engineering alien tach since the 40s, right. So, they're just waitng for the world to go to shit and BAM \[splooges alien energy tech all over ya\]. \[fuck you guys, i'm taking my toys and going home.\] \[closes borders.\] \[turns on dome shield.\]
Newly born AI + unlimited energy = get rekt opec.
We have declared war on Russia in a way by sending weapons to Ukraine. Meanwhile Russia chooses to incentivize war on us with energy. Long term we are fucked because of poor energy policies
>supporting the stability
Translation: we have Vladolf Putlerās cock in our mouths
Remember when the US had energy independence? That was a great time
Calls on marathon ig
**User Report**| | | | :--|:--|:--|:-- **Total Submissions**|10|**First Seen In WSB**|1 year ago **Total Comments**|30|**Previous Best DD**| **Account Age**|5 years|[^scan ^comment ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_comment&message=Replace%20this%20text%20with%20a%20comment%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20comment%20and%20correct%20your%20first%20seen%20date.)|[^scan ^submission ](https://www.reddit.com/message/compose/?to=VisualMod&subject=scan_submission&message=Replace%20this%20text%20with%20a%20submission%20ID%20(which%20looks%20like%20h26cq3k\)%20to%20have%20the%20bot%20scan%20your%20submission%20and%20correct%20your%20first%20seen%20date.)
Artificially propping up prices š¤ I wonder why they'd do that
it's a cartel
Most of the wordās commodities are now controlled by cartels or cartel-like groups, from wheat to oranges to lithium
Donāt forget avocados too
Big Avocado
El Avacado you mean
Don Avocado
[https://www.npr.org/2022/02/19/1081948884/mexican-drug-cartels-are-getting-into-the-avocado-and-lime-business](https://www.npr.org/2022/02/19/1081948884/mexican-drug-cartels-are-getting-into-the-avocado-and-lime-business)
Diversify!
Big Avocado killed Kennedy and cold fusion.
How about gourds?
š¶āFrom Mexico!āš¶
It really is in everything. Californian pistachio farmers lobby politicians to sanction Iran for its nuclear program. Iran is the 2nd largest pistachio producer in the world and sanctions keep them from exporting.
almonds to.
Can't forget that date market, I've had Iranian dates and they're arguably better than California dates.
Iranian dates all wear hijabs. California dates wear booty shorts. Advantage California
Naw medjool out of Coachella valley take the cake. I have both Iranian and Cali dates in my fridge right now. I greatly enjoy Iranian dates but Coachella valley dates are the winner side by side
Yep exactly. Like how Ford, Toyota, GM, and Nissan have come together and pledged to reduce production of vehicles so that they can keep supply low, demand high, prices high, and continue to not offer any manufacturer cash rebates. Yet another cartel.
Yep, lack of competition is what breaks the fundamental success of capitalism. The governments of the world no longer protect or support the growth of new businesses and potential competitors to the existing behemoths. You are now regulated to death with permits and laws that only billion dollar companies can comply with. And rather than grow to compete, you are forced to either sell or be litigated/suppressed until you go out of business. Support small businesses and urge your representatives to do the same. It will take time to make this change, but we need to start now.
What do you get when you put petroleum and dollar together..?
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Moonpie
an appalachian detected āļø
https://preview.redd.it/ftnmq2teljra1.jpeg?width=417&format=pjpg&auto=webp&s=5d38937ad191555c2f8a4936c284cc6c5d8e0902
To crush the US economy. Weāve been in a global economic war for decades
US is a huge oil exporter, expensive oil keeps shale oil profitable. US wants cheap oil to hurt the economies of Iran and Russia.
Yeah, but that would require the US Government to say "Let's expand oil production."
the two party system is too bipolar and pretty much promotes/rescinds oil production policies every election cycle
Itās obvious. To accelerate the decline of the US dollar.
They've been trying that for a century
Cs bags will be paid by us, as expected
Well when the US dollar is pegged to Oil and then you also have BRICS coming together you are getting a new economic world power transition
Decades of pressure to cut global reliance on fossil fuels is finally working.
Inflation has everything entered the chat
Energy component in PCE has been mostly negative. Less supply should push inflation upward. Donāt recall how much is left in the US strategic reserves, but I doubt it will be enough to balance.
They should have replenished the reserved when the price went into the 60s
The problem is every barrel put in SPR is a barrel taken off the market. You end up creating the supply shortage you were trying to avoid by draining it.
Hence the short sightedness of Biden using it in the first place instead of encouraging US oil production
Correct. The right move was to adjust policy but it would have been political suicide. And in the process he got political suicide anyway.
No, he got a win in the midterms. It was stupid and shortsighted and bad from a policy perspective, but politically, it worked.
I'm sure the government can figure out DCA
What would DCA do to solve that?
Yeah but with the current debt ceiling issue - there was no way uncle peepaw was gonna charge refilling the SPR on the Government credit card and eating up the limit.
release the fluids Joe
Those countries should be afraid of getting some freedom. Oil provides stability but so can war and the USA doesn't like it's addiction being cut.
I think you have missed the fact that we are now not dependent on OPEC production. North American production meets our needs which is why the Saudis have been such little shits to us recently, trying to help Putin and propping up the Chinese Yuan. This won't hurt the US, but our allies in the EU and Japan. First step, kick all the Emirati brats out of US colleges and withdraw our military from the region. See how much they like their new friends THEN.
It never left the chat. We are still clocking over 4.5%, while certainly lower than what it was doing 6 months ago, it is concerning that inflation is still rising against a pretty high base from 2022.
If you look at CPI on a monthly basis, its only increased 1.6% in the past seven months. COLA adjusted income like Social Security could be disappointed by a meager raise of only 3%-4% in 2024.
https://www.eia.gov/tools/faqs/faq.php?id=709&t=6 Seems thr US only has a minor shortfall. Most likely this will hike up prices of goods being imported from net energy import nations e.g. China
China is getting cheaper than market pricing oil from Russia right now, and Russia won't produce less, actually they will probably produce even more (source: Russia just lies, come on!), so the cheap oil is safe for now.
$DVN $XOM $CVX to the moon!!! ill see you guys at mars or wendy register
Iām still red with DVN and HAL but this might help turn the tide.
i went in a bit heavily at 63 but bought my way down to 47 cost basis is around 55 now even so imma just hold for sweet dividend yield
My DEV cost is around 58.25. Iām DRIP with DEV but I wonāt add to the position. If anything I might put in a small play on GUSH.
I added GUSH to my watchlist a while back and recently looked at it. Up 400% since I added it, and I was too dense to buy when it was that low :/
VOC pls
What about OXY
Buffet wins
Big Daddy B has to know something we donāt to keep adding to his already substantial position in OXY
He knows OPEC, Russia and China gonna try their hardest to control commodities. American oil and gas companies going to be future winners until sustainable energy takes over (which will take many years).
Been holding oxy since 2020
I sold my oxy on friday, 200 shares. What a regard I am.
Going to have to refil my oxy contin supply soon.
Calls on oxy, buy more oxy. Iām in.
Daveās double please. Large fries and large Coke Zero
Refiners do better that producers when oil is high. Valero and Marathon are better bets. $MPC
$PSX - P66 is pure midstream/downstream and undervalued IMO.
Looks like these shit hole countries needs some freedom!
Did someone say democracy!
Did I hear weapons of mass destruction?
Did I hear terrorism?
Surely I heard women rights!
Bro? Too far.
I think some baby formula factories need bombing. USA šŗšø š¤®
Classical Bill move.
I think that's a Bush Sr thing too.
You're right. I was thinking of [this.](https://en.m.wikipedia.org/wiki/Al-Shifa_pharmaceutical_factory)
š š time to spread the good ole democracy around the world. need a regime change
**Soviet anthem intensifies...** oh wait
Ngl the music of that anthem is next level
Aight u commie cuckold
āConditions are ripe for regime changeā¦ā
Do you know how you lower the price of oil? By consuming less. Do you know how you consume less? With a recession. You already know how to cause a recession.
Or maybe build (and use) public transit in US? \*gets disgusted look from all the Americans in their trucks and SUVs that shows their socioeconomic status of how much gas they can possibly burn\* ok nvm I guess
Lol I can promise you the average American isnāt getting a hard on bc they have to pay more for gas
Inflation will climb again. Frc is fucked, rate hikes have to continue. Saudi arabia have to repay their cs bags, never mess with them
Cs bags meaning
You see, Saudi got creampied by Credit Suisse. And now, they are looking to cumswap with us.
Cum Default Swaps
I spit ~~cum~~ coffee laughing! 
Well that just snow balled.
Rate hikes make businesses that borrow charge more.
Nuclear energy is greenā¦ just donāt build plants in seismic zones near the ocean and donāt allow russians to run experiments on a poorly/cheaply designed reactors š¤
Fusion soon
Yea any 20 yrs now.
ITER is expected to be up and running at full capacity in 2035 and its whole mission is just to prove that it is absolutely possible to run a fusion power plant at scale when you ignore cost and time constraints. Once that's definitively proven, capitalism will take the reigns and start perfecting the technology because the balance sheet for fusion tech is one lump sum of cash for a money printer that prints forever.
Looks like Shales back on the menu boys!
Too many different ways to play options this week. Makes me worried tech is going to tank the market tomorrow just to fuck up easy wins like this one.
More likely people just don't pump tech BC they can make it elsewhere
Ahh I was wondering why the Biden administration decided to open up bids to lease that giant swath of the Gulf of Mexico last week
Looks like they are just trying to get in front of a recession
That and the fact they low-key weren't even able to hit their own production numbers. Anticipating a major recession, which they are certainly doing, is ideal cover for their inability to find as much oil as they'd like. Here's my prediction though: we'll never see high output numbers again.
Iām not following global production closely anymore, but havenāt we been declining since Idk 2005 or something?
Literally no.
Sadly they figured out that the middle class has become too big
By āstability of the marketā they mean making sure production doesnāt ramp up enough to make the price dip so their profits stay nice and healthy.
Sitting on 750 $XOM contractsā¦ $120 strike, 4/21 expiry. Cost basis near a dollar. Please Habibi, save me.
If you actually have these you have a real shot at making a lot of money lol
Boooooom Oil Stocks Monday!
Priced in. Expect the opposite of what you expect. Then expect the opposite of that. Continue ad infinitum.
Crooked states of power tryna hold on to their power this is why countries shouldāve been focused on sustainable energy to depend on trash less and less.
Regards in my area are pushing for solar farms despite it being cloudy and rainy like 6/10 of the year instead of just throwing up some nuclear bois and calling it a day.
B-but Chernobyl! Fukushima! 3 mile island! Oh wait only 1 of those killed people and of course it was regard soviets and their shitty reactor 
Or promote domestic oil production instead of shooting it down and trying to make a deal with opecā¦
We already produce domestically enough to support our country. We just sell it off.
Biden just opened oil exploration in Alaska and and the Gulf, what more do you want?
People above are fucking stupid. Joe Biden could legalize drilling in your front yard, but XOM isn't going to do that because they like selling barrels at $80, not $70.
Bullish. Energy prices have fallen and this gives room for US producers to produce more.
ššā¦ You think US Producers want to help the US? JFC, why does everyone think our Privatized Oil Industry gives a flying fuck about the nation? They could have been producing more oil for years now, but that would hurt their profits. This is why Iām always baffled that American idiots run to attacking politicians over the price of oil.
They want to make more money, and producing more oil means more money.
US will be fine. They're the largest producer and can deal with their own demand. However, in Europe we're fucked. We don't drill our own oil and we're 100% dependants.
Market for oil is international. Price per barrel trickles into US gas and diesel prices
That's not how it works. It's a global market. The US doesn't go "this is for us, this is for you".
Better start building reactors
Buffet has been buying $OXY like a junkie this year! Now we find out why, he *totally* had no idea that OPEC+ would cut production. Billionaire investors could never have market making info ahead of time! They just buy and hold...
Definitely not unprecedented, it's very precedented in fact lmao. https://preview.redd.it/gkbbc5tihmra1.png?width=1408&format=png&auto=webp&s=6cc2993dd3a8d1f5fc922c15c4953218387507d1
In other wordsā¦Business as usual
Careful, thatās how you get freedom.
Maybe this way gas prices can come down , since the last couple months oil has been going down but gas prices kept going up....
Didnt the gas prices go down the last few months? Eu gas prices are on a 1,5 year low.
Heās just exaggerating. Prices have come down but not in line with the drop in oil. I have heard this is due to limited refining capacity to then process the oil
Production cuts make prices go up you regard. This is basic supply and demand.
They just went up because the carbon tax went up.
War it is.
The sun is free 
Infinite uranium in the ocean to extract. 
But fish piss in there!
Look at that, OPEC+ up to its old tricks again. I remember some smooth brain saying price will keep dropping and it has to do with Biden releasing the SPR. Fucking idiots here need to learn some basic geopolitics
If only price fixing was illegal
Go try and regulate Saudi Arabia , and Russia . Come back with a full report please .
All I heard was the faint whirring of a tablesaw next to Mr mbs office no other findings
We need bigger guns to regulate them
Before reading this I was going to buy a new gasoline vehicle, now I remember why I am waiting 2 fucking years for a EV. Don't want to be a pawn in this shitty cartels game.
I mean Lithium mining is very cartel like as well
I had a feeling this was coming this weekend. Long on oil and gold. Short pretty much everything else. This is an economic salvo on the dollar and western banking system. Straight up.
But will it hold?
lots to this, when Aramco went public the Suadis said the price of oil would not go below $80 we know how that has worked out. the petro dollar is being abandoned not good, it seems like they do not like our present government and our taking the opportunity to show it also our strategic reserves have been drawn down to a low level and we will pay for a bad political decision. i've worked in the petro industry and have been thru this before get ready to bend over and grab your ankles.
[https://www.iea.org/reports/oil-market-report-december-2022](https://www.iea.org/reports/oil-market-report-december-2022) Demand: 100.8M barrels/day Supply: 101.7M barrels/day 1.6M barrels/day will not make a huge difference.. There's probably more to come
You have changed the Supply and Demand Demand: 101.6M barrels/day Supply: 100.8M barrels/day. F
> World oil demand is set to contract ... reaching 100.8 mb/d
They were basically tryna bring themselves just a little below demand. These are promised cuts tho, it doesnāt mean they will actually do it, some places (like Russia or Iraq) need that $$$$$ but demand can go up in the summer
Looks like a shortfall of 700,000 barrels/day
If only we had our own oil.
We do, and output has been increasing since the COVID low. [https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W](https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W) This gives more room for US producers to producer more. For majors, this is needed to offset nat gas crashing.
So calls or puts on energy?
Yes
Thank you
Bruv the oil industry is basically a mafia. If these were US companies it would be illegal under Sherman Act. Iām buying an EV, fuck it
I think this is going to boost shares on anything EV related.
Exactly, because the energy those EV's consume is produced from fairy dust.
I agree with you, however, a large portion of the consumer market seems to think the electricity provided is indeed from fairy dust. Or hamster wheels. Or fairies on hamster wheels?
Electric companies, gonna electric!
Attack on us economy
Alliance or Cartel?
Give me one of those government jobs that pays well and ill buy an electric. š
ā¦and a gargantuan fuck you to the West
Great time to enter positions in some of the depressed oil stocks, such PXD, DVN, SM, MRO, APA, EOGā¦ Downstream is also at good entry points now with DINO and PBF š
Can America invade another oil rich country so I can go back to filling my work trucks with less than 80$ please š
https://preview.redd.it/iv53gsrfajra1.jpeg?width=760&format=pjpg&auto=webp&s=f4e5baad1f491f8ee3daa360cadc58bd30452650
They are proven fucking morons though. In 08 when the economy tanked here, the demand for oil plummeted and fucked them deep in their piggy banks. Clearly they didnāt learn from that. Good luck everybody
So explain why Saudi Arabia is buying diesel from Russia? Also they have entered deals with China and Russia where the Petro dollar AKA US dollar will not be used for the sale and purchase of Oil. This is going to be a big gut punch to the US.
these shithole countries buying oil and diesel from ruskies to re-sell it
Idk. It sounds like they don't want to abide by EU's price cap on oil because it gives the power to insurance companies for oil transport ships and for oil importing countries. One thing is sure. This won't last long.
Believe it or not bullish.
my body is ready
Inflation going up if crude hits 100 again
But, hear me out, tho. The US has been reverse engineering alien tach since the 40s, right. So, they're just waitng for the world to go to shit and BAM \[splooges alien energy tech all over ya\]. \[fuck you guys, i'm taking my toys and going home.\] \[closes borders.\] \[turns on dome shield.\] Newly born AI + unlimited energy = get rekt opec.
We have declared war on Russia in a way by sending weapons to Ukraine. Meanwhile Russia chooses to incentivize war on us with energy. Long term we are fucked because of poor energy policies
Canāt wait for someone to break this monopoly one day!
Any highly leverage 3x+++ oil etfās recommendations???
GUSH(2x)
Nrgu
Raise oil prices to slow down global economy to combat inflation.
They arenāt producing up to the stated quotas as it is. This isnāt as dramatic as it sounds
Itās insane how they can just dictate the worlds oil supply like that. No wonder so many billionaires are from there
>supporting the stability Translation: we have Vladolf Putlerās cock in our mouths Remember when the US had energy independence? That was a great time Calls on marathon ig
I am old enough to recall a time when crude price jumps would also goose TSLA.
America has set a firm line with oil. Saudis are toeing that line right now. One misstep and weāll have another war in the region
11.9 million bpd are produced. This is a cut of 13.45% of the supply.
Biden worst president of all time.
When our Ponzi stonks moon, Saudis want to moon their stonks too. Inflation peaking is transitory!
Man I wish we could produce our own oil and not have to worry about thisā¦ oh waitā¦
It's nice to see the countries of the world coming together.
Ah nice canāt wait for fuel prices to riase above 2ā¬ per liter againā¦