About Oil Prices
This morning, Trump discovered that oil prices are the highest since early 2016, so he tweeted about it, calling our OPEC.
So, this is happening, for a couple of reasons:
1. US oil companies are selling a lot of oil to other countries.
2. OPEC, lead by Saudi Arabia, got new production/price levels approved.
I wonder why he failed to discuss this with the Saudi Crown Prince, during his visit a couple of weeks ago, and has failed to include US oil companies in his twitter rebuke.
Not that I would like oil prices to drop, but...
So, this is happening, for a couple of reasons:
1. US oil companies are selling a lot of oil to other countries.
2. OPEC, lead by Saudi Arabia, got new production/price levels approved.
I wonder why he failed to discuss this with the Saudi Crown Prince, during his visit a couple of weeks ago, and has failed to include US oil companies in his twitter rebuke.
Not that I would like oil prices to drop, but...