Isn't capitalism beautiful
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It's fascinating to me that in 21st century, one of the richest industries in the world does not understand the laws of supply and demand. US Shale oil producers have been and will continue to eat their market share as OPEC attempts to "raise prices" by cutting production
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Pretty sure they get it
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I'm not sure they do. Why would they continue to attempt plans to increase price by cutting supply
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Maybe because restricting supply raises prices...that is the foundation of supply and demand. What are you smoking man?
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Not smoking anything, but do follow news. Have you seen oil prices since they restricted supply couple of years ago? It's gone down because US producers increased their supply
End of conversation
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The F---ing Sausages could live with 200' Yates instead of 400' maga Yates
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Whatever befell the oil industry was brought by the US trying to punish the Soviet Union and Venezuela.
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This is why alternative energy is critical to America, not having to depend on a panel of rich thieves.
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