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US Should Respond to OPEC by Reinstating Oil Export Ban, Says Green Group\u0022It is no surprise that the international oil cartel is seeking to maintain high prices,\u0022 said a campaigner with Food \u0026 Water Watch. \u0022Political leaders here at home must understand that the solution is not to increase drilling.\u0022
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US oil industry mocks Biden after OPEC+ announces production cutsThe U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production.
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OPEC+ Oil Production Slash Exposes Limits of Biden's Pressure on MBS, Putin'The alignment within OPEC+ is strong, politically and with regard to oil,' expert Abhi Rajendran told Newsweek. 'The U.S. was never going to crack that.'
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Oil Price Soars Following OPEC Production Cut – Key Tests Ahead for WTIOPEC+ agrees to cut oil production by 2 mln barrels per day. WTI rallies into key trendline resistance, 50-day moving average. White House extremely disappointed with OPEC “alignment with Russia”
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Gas prices expected to increase after OPEC slashes oil production by 2M barrels a dayThe average gas price in Illinois is $4.32, while Chicago drivers are paying roughly $4.87.
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