☆ Yσɠƚԋσʂ ☆ to US NewsEnglish · 9 months agoThe US Needs to Refill its Dangerously Low Oil Reserveswww.bloomberg.comexternal-linkmessage-square12fedilinkarrow-up136arrow-down14file-text
arrow-up132arrow-down1external-linkThe US Needs to Refill its Dangerously Low Oil Reserveswww.bloomberg.com☆ Yσɠƚԋσʂ ☆ to US NewsEnglish · 9 months agomessage-square12fedilinkfile-text
minus-squareRonin_5linkfedilinkarrow-up9arrow-down1·9 months agoDoesn’t really make sense since the US is now a net exporter. If they really need oil, they can just sell less.
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkarrow-up19arrow-down3·9 months agoThat would work with state owned industry, but US has a private oil industry that’s going to sell oil where it’s most profitable.
minus-squareRonin_5linkfedilinkarrow-up6arrow-down1·9 months agoIf things get bad enough, the gov will intervene, as they have done many times before.
Doesn’t really make sense since the US is now a net exporter.
If they really need oil, they can just sell less.
That would work with state owned industry, but US has a private oil industry that’s going to sell oil where it’s most profitable.
If things get bad enough, the gov will intervene, as they have done many times before.
Likely
Lol