Biden wash trades oil, willing to lose $3 per barrelThis is quite a sophisticated game. They lose $3 per barrel on wash trading (buy for $73 and sell for $70) but they don't care as they can print these dollars as much as they want. The gain however is in billions for the end users, cheap oil keeps US economy going. I have to admit, this is pretty smart. But how long can it last as this is still a manipulation that market will figure it out at some point.