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re: Oil Price Article: Why OPEC+ Didn’t Respond To U.S. Calls For More Oil

Posted on 12/29/21 at 11:40 am to
Posted by KamaCausey_LSU
Member since Apr 2013
14690 posts
Posted on 12/29/21 at 11:40 am to
quote:

‘For some reason,” the official said, “The U.S. is not asking its own shale oil companies to boost production, which has fallen considerably over the last two years. On the contrary, they are deliberately reducing their production. I believe there is a certain contradiction in these actions.”

Is this true, or is the Russian official full of shite?
Posted by LegendInMyMind
Member since Apr 2019
55361 posts
Posted on 12/29/21 at 11:45 am to
quote:

Is this true, or is the Russian official full of shite?

Well, it has pretty much been the story for a while now. You can't continually make decisions to undermine our own production and then not expect to be laughed at when you beg other countries to prop up your supply. That part isn't debatable, and it sure isn't some Russian propaganda play.
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