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Understanding the #OilMarket is key!
Understanding the #OilMarket is key! 📊 Did you know OPEC+ meetings strategically manage oil supply to keep prices stable?
They don't want prices too low, but also prevent them from going too high to avoid incentivizing other nations (like the U.S.) to increase their own drilling.
The goal? To maintain dependence on OPEC for that crucial 7-8 million barrels a day. Imagine if the U.S. ramped up its 13 million barrels a day production! That revenue would directly boost our government's coffers, decreasing reliance on foreign oil.
#OPEC #EnergyIndependence #USOil #GlobalEnergy #OilPrices #MarketDynamics #EnergySecurity #DrillingAmerica #Economy
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