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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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<blockquote data-quote="vantexan" data-source="post: 5306245" data-attributes="member: 24302"><p>Now tell them the rest of the story. Saudi Arabia got into a dispute with Russia and jacked production way up to hurt Russia with lower prices. Covid hit and fuel consumption went way down. Futures prices went negative. Trump negotiated a "ceasefire" more or less to stabilize the market. And new refineries? We'd have new refineries if the environmentalists didn't sue in court to stop every last one from being built. It's absolutely pathetic that Biden would rather go to the Saudis than reopen Federal lands. You be sure to mention all this next time you get the urge to try to put it on anyone other than your party and its leadership.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5306245, member: 24302"] Now tell them the rest of the story. Saudi Arabia got into a dispute with Russia and jacked production way up to hurt Russia with lower prices. Covid hit and fuel consumption went way down. Futures prices went negative. Trump negotiated a "ceasefire" more or less to stabilize the market. And new refineries? We'd have new refineries if the environmentalists didn't sue in court to stop every last one from being built. It's absolutely pathetic that Biden would rather go to the Saudis than reopen Federal lands. You be sure to mention all this next time you get the urge to try to put it on anyone other than your party and its leadership. [/QUOTE]
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BIDEN BLOWS UP OIL PRICES BY CANCELLING DRILLING IN U.S. NOW BEGS OPEC
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