[BfloGuy]

US producers are eporting more where the price is higher.

Oil is a commodity. Its price is roughly the same all over the world (depending on its quality).

Trump was speaking of that high price in general -- caused largely by OPEC's withholding of some production.

[House Atreides]

Trump was speaking of that high price in general — caused largely by OPEC’s withholding of some production.
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And so that wonderful mechanism of FREE enterprise and markets, supply and demand, sends the “signal” to American producers to deploy capital and resources to INCREASE PRODUCTION. The Saudis and Russians will see the backfire from their actions to limit production.

I guess it’s time for the Saudis & Russians to increase their backdoor financing of their American political friends.