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...

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snowbelt · 61-69, M

Trump's policies toward Syria and Iran have also resulted in increased prices due to concerns the additional Iranian oil would not be available on the market. The Saudi and Russian production cuts have been going on since he became president. They didn't just happen, though it is very possible that he is just realizing that they have an impact. He's an incompetent buffoon.