It's rather evident the US is pushing commodities down, in particular WTI and Brent, to keep inflation under control. Since there is not much room left for additional rate hikes without hitting employment and salary levels, the White House is delaying SPR refill and Capitol Hill is enacting this pantomime of a potential default on debt (as we are running out of banks to go bankrupt). Do they actually realize the impact on oil production, in particular shale drillers?
Submitted May 03, 2023 at 06:21AM by Warm-Hunt8586 https://ift.tt/qmM3REt