Posted 11/17/2023 06:37 (#10485253 - in reply to #10483809) Subject: RE: US breaks Domestic crude oil Production record under Biden beating Trump
Western Minnesota
That went over like a lead balloon. It will still take some time but this coupled with the reductions on the 2019 Venezuelan oil sanctions ( quite possibly the dumbest move ever by a president) will end opec grip on oil prices.
Rember when someone posted that KSA keeps cutting oil production and the rest of the world will keep replacing it.
Side note Saudia Arabia's economy contracted by 4% this year