Oil, gas and mining

OPEC+ cuts oil supplies to the world as prices fall



Oil producers such as Saudi Arabia have resisted calls from U.S. President Joe Biden to pump more oil to lower gasoline prices.

READ: https://www.khou.com/article/news/nation-world/oil-supplies-cut-as-prices-fall/507-21dda36a-84df-4927-86e5-9da2bbb4d26e

10 Comments

  1. If Texas were a country — it would rank fourth in the world for crude oil production, behind the United States, Russia, and Saudi Arabia. It's literally under our feet and somehow it's supply can be cut to us lol at us accepting that. High gas prices are a scam and if don't believe it you're a sucker.

  2. 2020: Energy independent for the first time in over 70 years. Producing and exporting more oil than ever in US history.
    2022: Pathetically begging OPEC to sell us more oil, while the pedo and thief sells 90,000 barrels of our oil reserves to the Chinese Communist Party

  3. Prices did not fall, they put a price cap on rusdian oil and gas , hence russia cuts oil and gas supply to the countries which impose the price cap, this result in oil and gas supply reduction since russia is the fourth largest oil and gas producer in the entire world….USA is trying to dictate terms of price for oil and gss which belongs to opec plus….

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