I also read somewhere that our sweet crude is sold, then repurchased at a higher cost.
Like placing it in ships in the Gulf for a week then bringing it back.
Oil is being made expensive, cut that expense and the Oil companies will
have no problems producing.
Believe me, I don’t blame the oil companies. It is just common sense not to over produce a commodity.
I keep telling the local greens that they only end up hurting themselves when they try to regulate and manipulate the oil and gas industry. When the Greens stopped the Keystone pipeline, they just made the oil trains inevitable. The oil industry is like a giant balloon, when you squeeze it one area, it bulges out in another.