Tuesday, October 11, 2022

November..

 


What President Biden asked the Saudi to do doesn't fit with open Market, US policy, or anything related to his early decisions. Biden's Administrations proudly canceled Keystone XL pipeline, Nord Stream 2 pipeline in Germany and placed sanctions on Russian economy with an intention to destroy the stock market and Russian economy. 

That in turn, cause major energy problems in Europe that leading to Europe recession.

Opec decided to reduced oil production by 2 million Barrel/day, and in 3 more months they may reduce additional 1 million barrel/day.  Just a thought.

No comments:

Post a Comment