total BURNNNNNNN

I never argued that Opec didn't control most of the reserves. I also didn't argue that Opec has a significant market share. My argument, in fact, is that American producers can sway the price of oil globally. Which we have done...twice now, matter of fact. One to our benefit, one to the Arabs' benefit.

Here's some links with some pretty pictures for you...

Follow this link to the CL tape over time:
https://www.macrotrends.net/1369/crude-oil-price-history-chart

Price peaked around 2008 (hmm...that's weird...weren't we having some other massive deflationary issue going on with the global financial system around this time?)

Follow this link to see US output over time:
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=mcrfpus2&f=m

US production starting mooning around 2010. This allowed for the oil markets to find an equilibrium at a price point that was much more favorable to the consumers.

Most importantly, we created competition in the market which forced Opec to start playing games b/c them mofos were scared. They over supplied the market in 2014 in an attempt to price out American producers - that was a gain for us as consumers.

Not sure how educated you are in economics, or in general, but a competitive marketplace - especially for ####### commodities - naturally breeds a lower market equilibrium.

Removing a key player - US oil producers - from the market landscape drive Opec to a position of more monopolistic power and, in turn, more ability to control the market.

Since you like investopedia so much



lol - sorry, investopedia doesn't cover this.

Ok...maybe here's some intro slides for your window licking 101 class: https://www.investopedia.com/terms/g/gametheory.asp

Those ############# were so spooked by American influence, they formed Opec+ in 2016. They knew that if they continued to operate in the original framework (where it was Opec and Russia), that American supply influences would cause prices to plummet (which it did) b/c these ######## operate in a manner to stifle their competition due to pre-disposed beliefs like yours that they run this #### (which they now again do thanks to US policy).

If you'd like to know how to actually model this, and/or understand the math behind it, you can swim your happy ### back over here in the deep end to continue your education. If not, look up a sick burn and another gif to try and stir the pot.

I read an investor report from Morgan Stanley, citing the issues in our oil market. The issue, as I posted in a link above, is the decline of US investment dollars in oil production. We're down to roughly $350B a year (2014, for example, saw ~$750B / year in investment). This is putting us on a course where we reach peak supply before we reach peak demand. What does this mean?

Go to window licker trade.net, find oil, press buy. I've been long oil since the Keystone closure, and I tripled my position when I made my post that none of this makes sense to me.

What policies would you like to government to employ. So far, you haven't given any.