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  • Opec+ production cuts are not advisable right now, US focused on prices for Americans - White House

"Focused on prices for Americans".

Like shutting down the Keystone pipeline? Like declaring war on fossil fuels? Like vilifying US "big oil"? Like allowing the average US citizen to be sodomized by the green (no such thing) energy cult?

These people are disgusting.
Pride always comes before destruction.... -Proverbs 16:18
USA sinking the world for Americans like they are only ppl living , they put middle east in wars in the past now they put Europe in war , next they put Australia and Japan and S.korea in wars for American ppl
Quoting Expo33
"Focused on prices for Americans". Like shutting down the Keystone pipeline? Like declaring war on fossil fuels? Like vilifying US "big oil"? Like allowing the average US citizen to be sodomized by the green (no such thing) energy cult? These people are disgusting.
I am not sure if you are making sense here. Had the US adopted renewable energy to a greater extent earlier, the country would have been less vulnerable to oil production cuts right now. Many new jobs would have been created for US citizens. The Keystone Pipeline was a very controversial project.
Those who are having power, have the mighty right to use it, Like the USA, Russia, the UK, Europe, China, and Australia. So, does KSA, do they need to protect the world economy? It's crystal clear KSA demand their premium from the conflict mighty powers is created. They don't "Focus on prices for Americans", Americans should care about their own citizens, doesn't it make sense? Are American politicians care about it?
Use proper stop loss in trading that you can effort to loose
Biden gave OPEC the ability to set prices once again, by removing US energy and limiting Canadian output to reach markets.
Now they have.
It's just business.

Suck on it Joe.

add: What does this mean for trading a person might ask?
Starters is higher inflationary pressure means Fed can not pivot so readily to save the banks once again thru lower interest rates. Bank crisis just getting started.

Less discretionary money for consumers which means lower GDP as money gets drawn out of economy and transferred to OPEC

Cash becomes King again as lower economic output means distress selling will be kicking in.
Quoting Expo33
"Focused on prices for Americans". Like shutting down the Keystone pipeline? Like declaring war on fossil fuels? Like vilifying US "big oil"? Like allowing the average US citizen to be sodomized by the green (no such thing) energy cult? These people are disgusting.
If they steal another election in 2024.......this country will be done for good.
Quoting moonvalley
{quote} I am not sure if you are making sense here. Had the US adopted renewable energy to a greater extent earlier, the country would have been less vulnerable to oil production cuts right now. Many new jobs would have been created for US citizens. The Keystone Pipeline was a very controversial project.
Expo33 made sense, you are not. If we allowed renewables to develop before forcing premature adoption, If we did not shut down our oil before renewables are ready, Then we would be less susceptible to outside manipulations. Keystone was among the most litigated projects ever. If you can't stop a project on real legitimate reasons then sue them till they give up. All you need is one eco wacko judge. Same as what happened with nuke plants. Clean, safe, efficient but the cost and time to build was made untenable.
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