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What I don't understand is, if production is down, how is there oil to ship to China and India even at a discount?
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Oil: 'Something far more serious is going on,' says analyst
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What I don't understand is, if production is down, how is there oil to ship to China and India even at a discount?
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Price gouging.
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Rep/cons continue to lie. US oil production, the largest in the world, is increasing:
www.macrotrends.net
Production is projected to increase through 2022 and 2023:
Facts won't stop Rep/con lies nor the Dems from letting themselves from being runover by them, to do with oil production or anything else.
U.S. Crude Oil Production - Historical Chart
Interactive historical chart showing the monthly level of U.S. crude oil production back to 1983 from the US Energy Information Adminstration (EIA). Values shown are in thousands of barrels produced per day.
Production is projected to increase through 2022 and 2023:
The US is projected to increase oil production in 2022 and 2023
Don’t expect it to relieve your sticker shock at the gas station.
www.morningbrew.com
Facts won't stop Rep/con lies nor the Dems from letting themselves from being runover by them, to do with oil production or anything else.