Posted on 11/22/2023 5:43:58 AM PST by Miami Rebel
Oil prices dipped early on Wednesday as a report emerged that this weekend’s meeting of the OPEC+ group could be delayed.
The November 26 meeting of the ministers of the OPEC+ alliance could be postponed due to OPEC leader Saudi Arabia expressing dissatisfaction over the production levels of the other members, delegates have told Bloomberg.
The meeting may be delayed for an unspecified period of time, according to the anonymous delegates who told Bloomberg that the Saudis have been in talks with the other oil producers about their output.
(Excerpt) Read more at oilprice.com ...
dissatisfaction over the production levels of the other members
sounds like more oil isn’t hitting the market.
At an enormous profit.
We need to be buying them back.
Nope reopen the pipe ling and drilling it’s how he caused this mess in the first place.
His puppet masters are as stupid as he is.
Which pipeline?
One from Canada he put 12,000 people out of work when ended construction for one and the other that was in production.
Keystone XL was never open so it never was closed. Almost all the 12,000 jobs were less than 12-month construction gigs. Those workers are building pipelines elsewhere.
I own a lot of pipeline stocks so I’m somewhat familiar with the industry. Keystone was a Canadian project owned by TC Energy. Its primary function would have been to transport Alberta shale oil, which is too dirty for US refiners, to the Gulf for export.
I support pipeline construction for domestic use, especially in the Permian basin.
Those workers are building pipelines elsewhere.
Not true they didn’t find work for months and some never did many didn’t end up on pipe line work truckers hit hardest.
Keystone XL was never open so it never was closed.
Sounds like something Biden would say.
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