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Politics : The Donald Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (35300)	3/16/2020 4:30:14 PM
From: John Carragher	Read Replies (1) \| Respond to of 73703

"I would not be surprised if what we just saw was MBS and Putin engaging in very public theater to project the idea of an oil price war, when in reality the two of them were colluding to take market share from the US. That's why Trump needs to engage and remind MBS where his bread is buttered." you could be exactly correct. i feel we are in a much better position that during the early 70's when saudi increased the prices and gasoline lines formed. we didn't live on our own production back then and were at the merci of opec. i am sure the oil situation will be resolved by market forces. if russia is in collusion with saudi that presents a whole different picture. I see our commitment to protect saudi from iran etc taking a different turn. Remember russia still supports Iran. all i read this is a price war between two nations over price/supply.