RE:RE:Another crude dumpWell yes, but before that he demanded OPEC to raise their production. That tells me Shale capacities are very limited and they do anything possible to keep oil/gasoline prices down for as long as possible. US and China are the biggest oil consumers and they are in the same boat. They need cheap oil as much as a junkie needs access to affordable drug - if they don't that will lead to a collapse. In my mind by not letting the prices raise now to $80-85 range they will just delay but worsen the upcoming crisis. Oil shortage will happen and it will not be good for all of us. I would rather oil to trade in "good" price range now for the next 5 years than they would keep the prices relatively and artificially low and then it jumps to ridiculous prices due to shortage that inevitably will lead to some kind of a new war, likely in the ME.