Oh, that's easy! Big oil is an arm of the deep state. Since President Trump is taking avenues of revenue streams away from the DS, they have to get that money somehow. Thus the old trope of "when wars happen oil skyrockets" is being churned every single day. Big oil is soaking the American public because it can. Trump will curtail this theft, but not right now. Give it until the end of summer so big oil can waller in their profits and the Trump brings the hammer. Yea, it sucks, but let's be patient and let the Q boys do their thing. All will be well, we just have to let the plan play out.
I have tried to understand this as well. I don't have a good explanation and I would love to have one. Theres just not a single point made about it other than confusion..
Every drop of oil on the Globe is sold into the Global market and is the price that is set I guess by OPEC which sets the price per barrel... I know it's stupid.
Glenn Beck suggests it's because we don't have the refineries to process our Light sweet crude. But we can process Venezuelan and Middle Eastern crude all day long..
Yet, Americans are paying spot world prices at the pump for oil drilled and refined in the United States. Make that make sense please.
Oh, that's easy! Big oil is an arm of the deep state. Since President Trump is taking avenues of revenue streams away from the DS, they have to get that money somehow. Thus the old trope of "when wars happen oil skyrockets" is being churned every single day. Big oil is soaking the American public because it can. Trump will curtail this theft, but not right now. Give it until the end of summer so big oil can waller in their profits and the Trump brings the hammer. Yea, it sucks, but let's be patient and let the Q boys do their thing. All will be well, we just have to let the plan play out.
I have tried to understand this as well. I don't have a good explanation and I would love to have one. Theres just not a single point made about it other than confusion..
Yep, I'm confused by it as well. I would love someone here who can explain I lt please do so.
Every drop of oil on the Globe is sold into the Global market and is the price that is set I guess by OPEC which sets the price per barrel... I know it's stupid.
Glenn Beck suggests it's because we don't have the refineries to process our Light sweet crude. But we can process Venezuelan and Middle Eastern crude all day long..
I also found this on the DOE website..