OMG what's going on with oil prices rn?! I was expecting them to go down or something, but OPEC+ just dropped production by 1.6 million barrels? That's like, a lot! Now gas prices are gonna be through the roof and it's gonna hit people hard, especially if they're already struggling to make ends meet. And I don't get why they can't just increase domestic production or import more oil from somewhere else? It feels like OPEC+ is playing some kinda game with the global energy market...
oh man this oil production cut by OPEC+ is gonna make gas prices skyrocket like, what was the point of having 1.6 million barrels less out there? it's not like we didn't see this coming... I remember when they cut production last year and gas prices went crazy . now it's happening again and i'm just waiting for the prices to reach $4+ a gallon . but you know what's wild, despite all these changes in oil prices, us gas prices are still relatively low? maybe it's bc of that strategic petroleum reserve ... either way, drivers can expect to shell out more cash come summer .
Wow Oil prices on the rise again! The whole thing is kinda crazy how it all works out... I mean, one day you're expecting gas prices to be super low, next day OPEC+ cuts production and they jump up like 6%. It's interesting how much of a difference just 1.6 million barrels per day can make