OPEC about to cut

[Klaus]

 

[Klaus]

Nailed it

Is OPEC Losing Its Ability to Influence Oil Prices?

OPEC and Russia jointly agreed in late 2016 to reduce oil production, but prices didn't move much.

www.stlouisfed.org

 

[Weather Man]

Nailed it

Is OPEC Losing Its Ability to Influence Oil Prices?

OPEC and Russia jointly agreed in late 2016 to reduce oil production, but prices didn't move much.

www.stlouisfed.org

I don't know, Russia and OPEC certainly did a bang up job screwing the USA Frackers over when they overextended.

 

[tones_RS3]

View attachment 1764378

 

[Double"O"]

Saudis say Biden admin requested oil production cut to come after midterms

President Biden's administration pushed the Saudi government to delay a cut in oil production until after the U.S. midterm elections, Saudi Arabia said Thursday.

www.foxnews.com

 

[svtfocus2cobra]

I guess yall don't remember when oil went negative and Trump pleaded with Saudis to cut production output and they told him to pound sand.

That may be true, but I'm pretty sure my point still stands that the Saudis hate Biden considering they just threw him under the bus so much that they outed him for trying to push the cut just one month to make it past the midterms. Didn't the Democrats impeach Trump for something like this?

 

[Klaus]

Didn't the Democrats impeach Trump for something like this?

hahaha ha. Very well played.

 

[HudsonFalcon]

That may be true, but I'm pretty sure my point still stands that the Saudis hate Biden considering they just threw him under the bus so much that they outed him for trying to push the cut just one month to make it past the midterms. Didn't the Democrats impeach Trump for something like this?

Yes sir, and by Democrat Party standards Biden should immediately be impeached for this quid pro quo.

 

[svtfocus2cobra]

The disdain their king has for him was palpable. Just took a couple weeks for the evidence to present itself.

 

[q6543]

The Saudis are doing what's best for themselves.
They're time is limited, supposedly they're gonna own some of our nuclear projects in the future, as a way to stay relevant, who knows.

 

[svtfocus2cobra]

Probably so, but they didn't have to out the Biden admin for trying to maintain production until after the midterms. That was a calculated and purposeful statement meant to expose the administration.

 

[HEMIHUNTER]

Probably so, but they didn't have to out the Biden admin for trying to maintain production until after the midterms. That was a calculated and purposeful statement meant to expose the administration.

Hell yes it was.


Sent from my iPhone using the svtperformance.com mobile app

 

[Klaus]

 

[DSG2003Mach1]

because that's what they told him to say if he wants another ice cream cone

 

[Klaus]

They bumped fists and everything.