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What Trump Should Have Told Germany About Russian Gas
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07-12-2018, 06:55 PM
dyna mo
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Quote:
Originally Posted by
slapass
So the US is controlled by OPEC.
"The soaring U.S. production is upending global oil markets, coming at a time when other major producers - including Russia and members of the Middle East-dominated Organization of the Petroleum Exporting Countries (OPEC) - have been withholding output to prop up prices.
U.S. oil is also increasingly being exported, including to the world’s biggest and fastest growing markets in Asia, eating away at OPEC and Russian market share."
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