How the US could be seen as 'manipulative' from news reportNEWS : Here is what happened on July 7 to make oil prices crater
AM: Trump furious that oil was going up to be so costly as to cause a recession, phoned the energy department head. That guy called for secret oil shipments form the national reserves near Louisiana.
What happens is that the government contracts with a broker who now keeps the government out of this.Its a confidential source of oil and no one knows. Legal too.
The broker floods the market and trucks trains and ships crowd the national reserve area for delivery anywhere. Flood the market is how they do it and you know what, it works.