Biden Releases 50 Million Barrels of Oil Pretending Fight the Biden Inflation

[code1211]

"Not hardly", John Wayne


Just basic to the scam of price fixing & oil.

with public acceptance.​

Oh NOoooooo!
If We Lost Price Fixing relating to oil
we may lose our oil !&!

Thus Public Acceptance. What monopoly & anti trust laws?
While so many don't know they are being scammed others accept!

Oil pricing is NOT based on true competition.

Get It Or Not !​

Moi
Remember "Gas Wars"?

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Regardless of what level the price is "set" at, the price changes as the supply and the demand changes.

 

[Moi621]

Regardless of what level the price is "set" at, the price changes as the supply and the demand changes.

No "Regardless" !
Their exist a monopoly maybe trust
that inhibits a true capitalist competition.


Oil Is Not Subject To Price Control etc. etc.
not counting OPEC sorts
nor by true market evaluation.
Si? / eh


Moi

 

[LostInSeattle]

This might help to understand the situation.

Why Are Oil Prices So High When The U.S. Remains One Of The World’s Largest Producers?

Why doesn’t the Biden administration incentivize domestic oil production while simultaneously increasing emissions regulations? Such a strategy would displace foreign imports, reduce consumer prices at the pump, while still addressing long-term climate goals.

www.forbes.com

 

[danielpalos]

Today, we’re in a situation where global oil demand is rapidly recovering back toward pre-pandemic levels due to widespread vaccinations in the largest oil and gas-consuming economies (the U.S., China, Europe). Life is getting back to normal, with greater mobility, traffic patterns.

 

[code1211]

No "Regardless" !
Their exist a monopoly maybe trust
that inhibits a true capitalist competition.


Oil Is Not Subject To Price Control etc. etc.
not counting OPEC sorts
nor by true market evaluation.
Si? / eh


Moi

Of course, you are wrong.