RE:RE:Drill baby drill... oil heading lowerbarneyj44 wrote: Drill baby drill, what a crock of bs. Oil companies have a new mantra and work for the share holders. Trump is a PT Barnum huckster. He will be good for oil prices when he sanctions Iran again.
Ya really think so??? Iran produces 3 million barrels a day...or THREE PERCENT of the world's output.
https://www.reuters.com/markets/commodities/irans-oil-exports-tensions-with-west-2024-04-16/
I really get a good laugh at Canadian oil investors that are on the "Trump train"....they might just as well get cash out of their bank and set it on fire. The last time US production surged the WTI price went down to twenty bucks....about ten years ago!