MIGHT go up 10%?
When will Brandon threaten to nuke OPEC for being Putinistas?
Time to buy that perpetual motion machine that I have been looking at.
Doesn’t this article ignore the option of cutting regulation and embarking on a expedited policy of encouraging domestic oil production here asap by removing regulatory roadblocks? Couldn’t we make up all that 2 million BBLs per day cut by OPEC domestically if we desired to do so?
I predict $10 a gallon by Christmas...if we're lucky.
I’ve been racking my brain, trying to think of a way we could get more oil. There MUST be some way America can get the oil she needs. Hmmm. If only there was a way.
If the Biden Admin REALLY wanted to lower prices, they could ease up on the regulatory chokehold that they have over the domestic US oil & gas industries
the US wouldn’t need OPEC if they let their own industry operate fully ... like Pres. Trump tried to do
Some oil know-it-all on Special Report says 25¢.
Can I ask the question of “How much did the oil prices go up when Joke Biden shut down the Alaskan pipeline?”
The price won’t go up until after the midterm elections. The Bidenreich will see to that.
The price will go up or down now depending on the demand side of the equation. Demand was already showing signs of dropping slightly as some people are driving a little less and the summer vacation time is over. Fall is the traditional quiet time for our economy.
The move by OPEC+ will defend the current price. The reaction to it in the markets has been minimal so far.
The real problem for OPEC is that Russia is pumping all the oil it can, selling it at heavily discounted prices, to finance its war and keep its economy afloat. Discounted abundant Russia oil that finds its way to most markets is a drag on price.
Already at $6.25 here in sacramento. Can’t wait to see where its at in 2-3 weeks.
A lot, but not until after the Election.
The global leaders may be evil and dictators, but they prefer a worthy opponent, not a diapered idiot.
Neither are valid options. These people are morons. Drawing the SPR put America at long term risk, beginning in the near term. It has little effect at lower prices at the pump. It had great effect in emboldening our enemies. As for penalizing OPEC counties, someone please provide an example when sanctions have ever worked.
Face it. The world does not respect Biden, and thusly the world doesn’t respect America. The world is not going to work with us. We need to take things in our own hands and use the option not mentioned in the article. Stop this bogus green energy scam and drill baby, drill. Make America energy abundant and dominant. Not a single tax dollar should ever be spent on climate change and alternative energy production and solutions. That means no more subsides for solar, wind, EVs, ethanol, bio-fuels, etc. Cut every once of government related to this crap.
A buck a gallon on top of what we are paying now.
Then, if the gop take back the legislature, we will see the impeachment proceedings start and all hell will break out.
The nazicRATS cant stand getting even with.
Don’t worry. Mr Biden guarantees gasoline will never go above $100 / gal
If it goes above $10/gal, most pumps will need to be retrofitted to accommodate prices above $9.999.
Hey. Mr Biden can always dip into strategic reserve every day to deliver millions of gallons to keep prices below $1/gallon. Dream along with me...
Here’s what I don’t get. If the purpose of cutting oil production in the USA, is to prevent GLOBAL WARMING, what’s the deal of wanting other countries to produce more oil, does their oil cause GLOBAL COOLING?