Posted on Jun 8, 2018
exclusive-iran-slams-u-s-for-seeking-saudi-oil-output-hike-says-opec-wont-comply-idUSKCN1J415J
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https://www.reuters.com/article/us-oil-opec-iran-exclusive/exclusive-iran-slams-u-s-for-seeking-saudi-oil-output-hike-says-opec-wont-comply-idUSKCN1J415J
Social justice Warrior green party and anti-oil environmentalists are actually being a de-facto supporters of Iran, OPEC, and Russia. In spite of the resistance of OPEC and the silly environmentalist movement, more oil will eventually come into the tight oil market and the prices will level off. Even without the help I'm asking for, Texas and Canada will be helping to stabilize the market with extra oil that will make Canada and the United States become oil exporters making up for the shortfall and hopefully flooding the market.
In the media lately, story after story kept saying President Trump is raising your gas prices. Not so in California and Canada. The Democrats or Liberals in Canada are imposing a Carbon Tax of about 25 cents a gallon and it goes up each year. Remember this in November, California!!
Social justice Warrior green party and anti-oil environmentalists are actually being a de-facto supporters of Iran, OPEC, and Russia. In spite of the resistance of OPEC and the silly environmentalist movement, more oil will eventually come into the tight oil market and the prices will level off. Even without the help I'm asking for, Texas and Canada will be helping to stabilize the market with extra oil that will make Canada and the United States become oil exporters making up for the shortfall and hopefully flooding the market.
In the media lately, story after story kept saying President Trump is raising your gas prices. Not so in California and Canada. The Democrats or Liberals in Canada are imposing a Carbon Tax of about 25 cents a gallon and it goes up each year. Remember this in November, California!!
Ethics
Venezuela
Iran
Oil and Energy
Edited >1 y ago
Posted >1 y ago
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Venezuela isn't getting better any time soon. That will continue to pressure prices upward regardless of the OPEC party line. Once the price goes up enough, OPEC members begin to cheat on their output quotas. It always happens.
Meanwhile, Wildcat outfits here at home will be out boring exploratory wells, as the higher prices stimulate more production.
Meanwhile, Wildcat outfits here at home will be out boring exploratory wells, as the higher prices stimulate more production.
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