RE:OPEC: No Increase ComingNote these words :
There is no refining capacity commensurate with the current demand and the expectation of the demand in the summer,” Bin Salman said this week. That means that European plans to replace NAT GAS by DIESEL are probably out the window !!
Also note these words
"big book of micromanaging the oil market to try and manipulate prices".
describing Joe Biden but also even better applied to Justin Trudeau who,with his carbon taxes, which have not affected oil demand but have hurt working Canadians where it hurts the most. Their back pocket !! Only difference between Joe and Justin is that Joe thinks he is tweaking the November midterms . Trudeau is way past that , he is saving the planet from Heat Death. If only 7.9 billion other people were smart enough to realize that !!