No. of Recommendations: 2
50k more barrels a day. It's a start. The sky-is-falling crowd will whine that we need to up production by orders of magnitude more than that and to that I say, patience.
We are talking about 20% of global supply being obstructed. Trump the Grand Master of Oil has openly invited those who had sourced oil from the Gulf, to bid for USian oil. They will, of course, be bidding against USian consumers, so retail prices here will fly.
And, as he openly said last night, he has seized control of Venezuela's oil, so he has even more oil to profiteer off of.
Steve
