RE:Scam of the earth having a field dayThe paper traders will have to come to the conclusion at some point that the physical market will dictate the trade in the end.. they can fear monger with headlines and collectively short the market, but when the barrels aren't there the musical chair game ends and the rubber hits the road..
It just takes patience for it all to play out.. OPEC+ and the non-opec producers have a different end game which is in motion which doesn't include the whims of political parties these days.
They learned their lesson from the disasterous Trump era of "drill baby drill".. many companies were very close to bankruptcy when that scenario played out.. I'm sure they'll not repeat that blunder..?