From the article: “For the first time in a long time, the ability to determine the price of oil no longer clearly resides with OPEC. Instead, it’s increasingly U.S. producers at the controls.”
Because they are unwilling to act in agreement.
Instead, it’s increasingly U.S. producers at the controls.”
I do not agree we demonstrate any ability to control it except push downwards. We produce all we can economically produce, but have no coordination to limit production to raise prices.