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The Bridge
(Total Views: 254)
Posted On: 02/16/2022 1:25:15 PM
Post# of 126907
Posted By: Zadie
Re: leo55 #78039
Leo- You got to learn how the system works. We were number one producer in the world. We set the oil price and we could impact the oil production. Once Brandon removed all the trump's rule/mandates and roll back the regulations those small producers could not compete against the big oil companies. Many wells have been capped. So this resulted in lowering the production. Also Brandon stopped all new activities in Federal land. Remember regulations. It can stop any business if they go too far and believe me i am dealing with it everyday.

I think we are now back to number 3 producers and OPEC really loves Brandon. That was the greatest gift they could ever have.

Do you know how they set the oil prices???

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