Loading ...First it was too high at $145 with a low dollar. The artificial “high” created fracking and over production, which later on caused $26 Oil. Then they all or OPEC, cut production to get prices higher off that very bad $26/bbl.
Then oil worked its way to $80/bbl for crude, and they started talking about increasing production to get it lower for “the consumer” they said. Meanwhile the consumer is big businesses bread and butter.
Meanwhile oil started dropping anyway, by itself, or less consumer demand, down to $73 from the May high. And now, just this morning they are talking about INCREASING production to get prices lower.
The entire system is sick. It’s also mentally ill. They are trying to get a “perfect oil price” of some kind, while using a yo yo shit hole Dopey/Dollar at the same time. Are they all (including deep state media info) dumb as a stump?
What they really need is a brand new stable value unit of account, NOT traded on the oddly emotionally and or manipulated priced futures market.