- Feb 22, 2017
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- 35,717
- 2,290
So explain why FJB is draining the Strategic Oil Reserves?
Because he is a flipping moron trying to use a squirt gun to put out a camp fire.
In 2020 the global production of oil was slashed by more than 7%. Since that time only North America has gotten back to even 2018 levels. By the middle of next year we will be above where we were in 2019 but the rest of the world will not be. And since oil if a globally traded commodity what matters is what the whole world is doing, not just the US