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OPEC+ to consider oil cut of over than 1 million barrels per day
Reuters ^
| 10/2/22
Posted on 10/02/2022 5:18:50 PM PDT by EBH
click here to read article
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1
posted on
10/02/2022 5:18:50 PM PDT
by
EBH
To: EBH
Trying to prop up petroleum prices, but this only works for a while. The global recession is going to drop demand anyway, and this is not going to help.
Opec has been here over and over. This is a very temporary measure.
2
posted on
10/02/2022 5:21:56 PM PDT
by
buwaya
(Strategic imperatives )
To: EBH
3
posted on
10/02/2022 5:22:11 PM PDT
by
enumerated
( )
To: EBH
The article confused me. Why are we asking another country to increase production of CO2 that is harming the planet? Biden should be thanking them for cutting production and saving the planet. As a side note, all democrats should go on record supporting the cut to global oil.
4
posted on
10/02/2022 5:23:43 PM PDT
by
EQAndyBuzz
(DJT24)
To: enumerated
that’s the title as displayed on Reuters
5
posted on
10/02/2022 5:24:13 PM PDT
by
EBH
( 1776-2021 May God Save Us.)
To: EBH
We could really clean up if we had, like, an extra pipeline or something.
(No, I don’t actually sound like a valley girl. That was biting political sarcasm.)
6
posted on
10/02/2022 5:28:44 PM PDT
by
Gen.Blather
(Wait! I said that out loud? )
To: buwaya
Why do people see the demand drop as a positive? We know why demand is dropping and it’s not because of new technology.
7
posted on
10/02/2022 5:30:25 PM PDT
by
wiseprince
(Me,)
To: EBH
Nobody is more bullish on oil and gas than Joe 'The Oilman' Biden.
8
posted on
10/02/2022 5:32:29 PM PDT
by
Theoria
To: EBH
Watch petroleum prices shoot up over the next few days.
.
9
posted on
10/02/2022 5:32:58 PM PDT
by
R_Kangel
("A nation of sheep will beget a nation ruled by wolves")
To: Gen.Blather
10
posted on
10/02/2022 5:33:06 PM PDT
by
Mark
(Celebrities... is there anything they do not know? Homer Simpson)
To: EBH
The Muslim countries of Northern Africa, the Middle East, Central, South and Southeast Asia are in control of about 41% of the world’s crude oil production.
To: R_Kangel
>>Watch petroleum prices shoot up over the next few days.
Watch Biden continue to drain the Strategic Petroleum Reserve.
To: wiseprince
The demand drop is actually a marker for poverty. Not a good thing.
The silver lining is cheaper fuel, that will in time, stimulate demand and hence, in general, reduce poverty.
13
posted on
10/02/2022 5:50:31 PM PDT
by
buwaya
(Strategic imperatives )
To: EBH
to be replaced by oil from the SPR... right???
14
posted on
10/02/2022 5:56:25 PM PDT
by
Chode
(there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
To: EBH
Two years ago, we were Energy Independent.
15
posted on
10/02/2022 6:10:11 PM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: EQAndyBuzz
As a side note, all democrats should perform seppuku.
16
posted on
10/02/2022 6:10:52 PM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: Theoria
So ... you’re saying it’s a good time to buy XOM?
17
posted on
10/02/2022 6:11:51 PM PDT
by
NorthMountain
(... the right of the peopIe to keep and bear arms shall not be infringed)
To: NorthMountain
That or xle if you can put with the drift.
18
posted on
10/02/2022 6:41:29 PM PDT
by
Theoria
To: EBH
meanwhile, gas prices are back up at $7.19
19
posted on
10/02/2022 6:41:42 PM PDT
by
faithhopecharity
(“Politicians are not born. They're excreted.” Marcus Tillius Cicero (106 to 43 BCE))
To: Theoria
So how much profit is that PER GALLON?
Just to put things in perspective.
20
posted on
10/02/2022 6:47:18 PM PDT
by
House Atreides
(I’m now ULTRA-MAGA-PRO-MAX)
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