FILE - The sun sets behind an idle pump jack near Karnes City, USA, April 8, 2020. Oil prices are sagging amid fears of recessions across the globe. OPEC and allied countries are weighing what to do about that when they meet online Thursday, Sept. 8, 2022. High oil prices were a bonanza for countries like Saudi Arabia over the summer, but now they're well off those highs. Saudi Arabia's oil minister has even said the group known as OPEC+ could cut production at any time.
Oil producers such as Saudi Arabia have resisted calls from U.S. President Joe Biden to pump more oil to lower gasoline prices and the burden on consumers.
More cuts to follow. I covered the Soviet Union once upon a time. Putin, is an old school Soviet communist style dictator.
Price of gas is going up.
Gotta help Brandon ruin the country
Well that is environmentally friendly.
The US is gonna have to stop asking the Saudis if we can increase production. Guarantee a floor price for domestic supply and start pumping.
Middle East attempting to destabilize our country in attempt to influenc elections. I am shocked. Shocked! /s
Trumps masters are cutting production I'm shocked.
That's why price caps are a good idea.
Everyone ready for $20/gal gas? After the mid-terms are over, shit is going to hit the fan. Right now the democrats are hiding major issues pretty good. Expect mass layoffs and skyrocketing prices across all sectors. The low and middle class people are about to get SMOKED!
Oil prices will rise in 3, 2, 1.....
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