Doesn’t seem to have helped gas prices here.
Thanks Joe.
Prices would probably go down if the agreement didn’t happen. The UAE and others would start cheating. Now the agreement everyone in the world planned on is in effect which will support the price of oil if the recovery continues without significant setbacks.
If the world economy is setback by Covid, oil use will decline and so will prices.
In my state about half the price of our fuels is taxes.