OPEC has reduced oil production by a fairly substantial amount.
OPEC oil production tumbles – Bloomberg
Output was reportedly down 900,000 barrels a day in Julyhttps://t.co/IUrQIOOJuF pic.twitter.com/hUJktMIcYq
— RT (@RT_com) August 4, 2023
Meanwhile the ZOG clowns keep dumping oil from the Strategic Petroleum Reserve.
Biden Admin Gives Up On Refilling Strategic Petroleum Reserve Due To "Market Conditions"https://t.co/KM2BwKjdqD
— zerohedge (@zerohedge) August 2, 2023
I had thought that they would reverse direction on this, but we are dealing with really insane and stupid people so they’re just continuing to dump oil from it.
Gas prices are at a 9 month high, and Biden STILL hasn’t refilled the Strategic Petroleum Reserve
SPR currently has 346 Million barrels, the lowest level since 1983 pic.twitter.com/XghmyKYDP2
— John Hasson (@SonofHas) August 3, 2023
The thing is, there is only a finite amount of oil they can dump. They can’t keep doing this forever. Oil and gas prices have gone up in the midst of their endless dumping.
OPEC should continue to slash production. They should make the US drain their entire reserves forcing them to replenish it at astronomically high prices.
I’m in favor of anybody doing anything that leads to the collapse of this evil and satanic Jew regime. OPEC should fully participate in these efforts.