Oil, gas and mining

OPEC eyes cutting oil production despite global demand



Lipow Oil Associates President Andy Lipow discusses the global demand for oil and rising gas prices as OPEC is set to cut production.

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38 Comments

  1. Why would anyone think that OPEC would do anything different? They are beholden to their people and their pocketbook… The dimwit otherwise known as Joe Biden… And his band of buffoons don’t seem to understand the damage that they’ve done or at least they won’t acknowledge it! FJB

  2. Oil will reach $120 ppb within the next week. The Cartel knows the DEMs reign of power is limited and this is the perfect time for prices to skyrocket before heating season arrives. Get in on oil before it takes off!

  3. This is nothing more then these idiots that lead the world who are pushing green. The U.S. has oil were not short we have oil I the ground. But are idiot leader
    wants to go green. So dems. I hope your paying attention to this cause not all people are Rich in the U.S. and there's alot of middle class and poor dems. also.

  4. Don't make me laugh ( Americans are suffering at all ( Buying New cars very expensive cell phones ) going out to eat going to bars and drink it (walking around like phone zombies with no self-awareness at all

  5. Banks increase rates. Energy companies profits are up 400%. Pharma just made $500B. …why the heck shouldn't OPEC join the party to rip of the taxpayers?

  6. US need to hold the reign and start opening up pipelines and harnessing our own oil resources. Depending on people who hate you for your LIFELINE, is moronic.

  7. Biden releases 1 million barrels/day from the SPR, and Saudi Arabia cuts production 1 million barrels/day, DUH, Saudia Arabia and all OPEC members ONLY export 1 thing, oil so they like the price at $ 100/barrel.

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