Cartels are used to eliminate competition and control supply (thus driving up prices). For truly scarce resources there is no need for cartels, and the cabal usually opts for a monopoly of a single entity control.
Without OPEC and the EPA restricting oil production, the price would rapidly drop to nearly zero (or cost of production) as competition brought more online.
Cartels are used to eliminate competition and control supply (thus driving up prices). For truly scarce resources there is no need for cartels, and the cabal usually opts for a monopoly of a single entity control.
Without OPEC and the EPA restricting oil production, the price would rapidly drop to nearly zero (or cost of production) as competition brought more online.
This is what Trump was showing us with that day when the price of oil was actually negative (4-19-20). I suspect this was the day he filled up the Strategic Petroleum Reserve. He made the price manipulators pay for it, effectively. 5D Chess, IMO: https://www.marketwatch.com/story/oil-prices-went-negative-a-year-ago-heres-what-traders-have-learned-since-11618863839