Re:Saudi stocks slump as minister warns of ‘painful’ measure...
by ashtonkem on Sunday May 03, 2020 @09:54PM
(#23063788)
America no longer wants cheap oil; it crowds out the natively produced stuff. Gasoline is currently < $1/gal in many states due to the production glut and pandemic, and the president is currently talking about how to increase the cost of oil.
I don't think that everyone has fully grasped how America being energy independent changes the game.
I don't think that everyone has fully grasped how America being energy independent changes the game.