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The US Needs to Refill its Dangerously Low Oil Reserves (www.bloomberg.com)

submitted 2 years ago by yogthos@lemmygrad.ml to c/us_news@lemmygrad.ml

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[–] Buchenstr@lemmygrad.ml 15 points 2 years ago

Yet at the same time Oil companies are setting a record high in crude oil production and trading. Where is the crude oil going? Simple, the hungry europeans are buying premium for a barrel of crude oil, much much more than the american public.

These low reserves was manufactured by oil companies purposefully to begin selling extremely high oil prices to the average american.

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