NormalChannel t1_j0m54oj wrote
Reply to comment by kmelby33 in US buying 3M barrels of oil to start replenishing reserves by B1gMay0
This may state otherwise. This was in October and was intended to have an effect around now, but of course, the President can't just do one thing and-BAM-prices stablize. Markets and Production Cycles etc.
kmelby33 t1_j0m5xt0 wrote
Lol. That's a tiny amount compared to what we consume per day. Gas is falling because of increased supply and lower demand worldwide.
NormalChannel t1_j0m8f5b wrote
Yeah, you're right.
Though what is lowering demand? Could a part of it be China's zero covid policy?
Because it would be interesting to know.
kmelby33 t1_j0m8gu7 wrote
100% yes.
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