RE:OPEC +Another excited bte investor.
Wildfury wrote:
This what I want to hear from the upcoming OPEC+ meetings. First, Biden & partners want to manipulate energy prices by creating another Covid panic along with SPR release, no problem, if there's no demand then we will cut production by 20% for starters. If there's demand then no extra 400,000 bpd increases for the foreseeable future. No new exploration, no new drilling, no new investment. Pay us now or pay heavily later, your choice but we're not going down that rabbit hole like 2020 ever again. You want too lock down the whole world again for long periods? I doubt it, the world economies can't afford to pay that again. Omicron is still Covid not another unknown killer virus and energy demand has not fallen 25% in the past week vs energy prices so Stop FN around with us because we invented that game.