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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (9537)10/12/2022 9:28:05 AM
From: DinoNavarre  Read Replies (1) | Respond to of 13882
 
Dig if you will....

OPEC has a long memory.....

Hope they make several more cuts before the end of this year....

If the House of Saud & the rest of the OPEC goon squad had their shit together, they could move (raise prices enough) to "landlock" US oil production again.....

The Obiden regime is already past the 50/50 point on freezing US exports of oil & product ( They won't achieve their desired result though)....They (the Obamites) just need a higher oil price to convince them to stop US exports....Another show for the public to eat up + get a few votes....

What would happen to world oil prices if US supplies were taken out of world markets....??? What would happen to the price of US "landlocked" oil...???

I wonder if OPEC has the balls & tough self discipline to get it done....Probably not....
Maybe China becomes the New Giant Tarantula for the House of Saud.....