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re: Oil deal done
Posted on 4/13/20 at 7:19 am to reboil
Posted on 4/13/20 at 7:19 am to reboil
quote:
Trump taking credit for a reduction of less than half what demand is down. No way this would have happened if not for Trump...lol. The Russians and Saudis could give zero fricks about saving us oil jobs.
If the Orange man wants to actually do something to help then impose a tariff. He had no problem doing it on other goods.
No, its probably barely a 1/6th of demand.
Why would Russia/SA care about US jobs? I mean US oil producers were at an all-time production last month.
How about everyone get back to work and life?
Posted on 4/13/20 at 8:27 am to Grimhorn
quote:
Proration of production was done in 1973 by the Texas Railroad Commission...
50 years ago Texas, a state, somewhat regulated production. Th e US does not have a national oil co and does not regulate prod rates.
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