WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2025 Poal.co

276

In essence Biden is slowing U.S. oil production, we are oversupplied U.S. is a net exporter of petroleum distillates. What will lowering U.S. production mean for the global market? By lowering supply will prices adjust? Isn't this market manipulation? It happened last year when SA and Russia began pumping out petroleum during the pandemic lowering their price because the demand tanked. I feel there's a scheme going on here with oil futures.

In essence Biden is slowing U.S. oil production, we are oversupplied U.S. is a net exporter of petroleum distillates. What will lowering U.S. production mean for the global market? By lowering supply will prices adjust? Isn't this market manipulation? It happened last year when SA and Russia began pumping out petroleum during the pandemic lowering their price because the demand tanked. I feel there's a scheme going on here with oil futures.

(post is archived)

[+] [deleted] 1 pt