Trump's revenge: US crude oil floods European markets in blow to OPEC and Russia

UK Express Finance News ^ | 4-24-18 | Darius McQuaid

[RinaseaofDs]

Trump is countering the control that the cartel (Russo-SA) has over oil supply by infusing the market with ready crude and gasoline supplies.

Keeps the economy from stalling from operating expense spikes.

That’s all I’m saying.

[sparklite2]

Oh, okay. Sorry. I had the strange notion that you said it was time to start controlling the petrol market. I don’t know where I got that idea.

[RinaseaofDs]

No biggie.

All arrayed against a common enemy here.

[Wonder Warthog]

Good article!

[ProtectOurFreedom]

None of those price control efforts worked simply because tjhe right people weren't put in charge. 😏

[sparklite2]

When some pundit asked President Reagan about the need for an Energy Department, he said, “We have an energy department. It’s called the free market.”

Reagan did his best to abolish Carter’s creation, but as you see, it is still with us.

[NCjim]

Thank you for your explanation!

[elpadre]

“...Do you know how much we spend just to keep the Saudis happy?”

no idea! How much??

[elpadre]

Is that “little tax cut” better than having your taxes raised? Which do you prefer?

[Beagle8U]

I didn’t get a tax cut, I got a tiny SS raise.

[ProtectOurFreedom]

I did some joint R&D work with the DOE about 20 years ago. The people I worked with were, how shall I put this...er, just dumb. What a colossal waste of money!