RE:RE:WTIAgreed !
A short term drama has to be setlle by a short term action, Here again my solution :
Taxes reduction on gasoline...
Gov have to do it's part, reduce taxes on oil !
Especially gasoline for a short term period like 2022-2023 !
Enough time for producers to increase supply. They need 80-82$ US per barrel.
May help to reduce volatility and part of the inflation.
At some point, consolidation may appears to reduce numbers of producers.
Gov also have to reduce prospection permits.
We need good oil producers (ESG increase) for at least another 30 years.