On the heels of a flash crash in crude prices that sent a commodity with physical volume demand of more than 100 million barrels per day(BPD) down 6.69%(roughly -20% from a week prior) the President of the United States(POTUS) is back to throwing blame at the oil and gas industry for their
Very astute observations about the rather insane and counter-productive "soak the rich oil industry" mantra of the current U.S. administration. I dont like it and I think Biden is an ineefective "leader" whose policies on a wide range of issues I object to. Plus, look at the news reports about Comey asking about the whistleblower claims when Biden was VP. The only positive is that if oil is driven down and it stays "lower for longer" it will only create supply problems in the future.
Very astute observations about the rather insane and counter-productive "soak the rich oil industry" mantra of the current U.S. administration. I dont like it and I think Biden is an ineefective "leader" whose policies on a wide range of issues I object to. Plus, look at the news reports about Comey asking about the whistleblower claims when Biden was VP. The only positive is that if oil is driven down and it stays "lower for longer" it will only create supply problems in the future.