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re: More pain?
Posted on 9/29/22 at 11:54 am to Civildawg
Posted on 9/29/22 at 11:54 am to Civildawg
quote:
Can someone explain why they would cut production while gas is still high?
To gain leverage, reiterate OPEC's global relevance, or simply to increase prices for their benefit. OPEC has been releasing statements the past few weeks regarding oil prices leading one to believe they are favoring a higher price right now.
They are NOT working with Biden, basically ignoring his pleas for them to increase production.
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