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Re: Trump took credit today for "creating tremendous vast amounts of oil." If accurate, oil price dr
https://www.reuters.com/article/us-...-europe-hurting-opec-and-russia-idUSKBN1HU1QK
Again, I was unsuccessful in setting up poll questions before 5 minute deadline.
Is Trump's complaint coherent? Why is crude oil price moving in the opposite direction of vast, tremendous oil creation?
Why is price of oil since Trump's inauguration not behaving as if a vast, tremendous new supply of crude oil does exist
or is on the horizon where it would tend to put downward or stabilizing price pressure on forward looking crude oil market trade?
How much credit is due to a creator of more expensive crude oil in a market with years of plentiful, lower priced crude oil?
https://www.investing.com/commodities/crude-oil-historical-data
How should a forward looking commodities market react to Trump's oil creation claim. The trading is about profits, but is the market
being as unfair to Trump as he whines of MSM unfairness.....lack of credit directed to Trump for his oil creation miracle?
Ten year price chart of WTI, West Texas Intermediate Crude Oil.:
(How much credit should grateful voters and MSM give a reasonable person who actually has created a vast amount of significantly more expensive crude oil?)
WTI Crude Oil Prices - 10 Year Daily Chart | MacroTrends
https://www.reuters.com/article/us-...-europe-hurting-opec-and-russia-idUSKBN1HU1QK