U.S. government data on Wednesday showed a 10.6 million-barrel surge in gasoline supplies, the biggest weekly build since 1993, rattling investors already concerned by near-record production and massive stockpiles around the world. We seem to be wanting to go down in flames with overproduction all over the world. The CRASH is inevitable now! 😱⛽️
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we do not suffer, we pay less for fuel and energy, economy will rise
Because if US cut production, the oil price goes up, and Saudi etc will reap the rewards by continuing their high production levels. It's all games. Nobody wants other countries to benefit over them. So we all suffer instead
Shale producers are digging their own grave.