Japan and Asia import their oil I think, they should be happy to see the price go down.
“Japan and Asia import their oil I think, they should be happy to see the price go down.”
From what I understand, they are part of the reason prices are falling. Their economies are in the toilet and they are not buying as much petroleum as they were a few months back.
The other thing to consider is all those RATS who said a few years back “why bother drilling, it will take ten years to get anything!” Yeah, it did, they did, and here we are finally getting our own energy house in order. I just wish we had a government who wanted to destroy, Russia, Iran and Venezuela as much as I do. The Fat Bastards in Saudi Arabia will most likely skate, but at least they are going to have to start emptying the ash trays in their Rolls Royces, a couple of times before trading them in!