cross-posted from: https://lemmy.zip/post/72557390
The agreement to release oil stocks comes amid growing concerns in Brussels about entering winter with low strategic reserves, and becoming more susceptible to what several EU officials described as US “blackmail”.
That doesn’t matter, it’ll lower prices for everybody BUT the US because oil companies like fucking us without… Well, oil…
The US is already enjoying cheap fuel so it doesn’t matter much anyway, but generally speaking, oil is at least a global enough market that you guys will get even cheaper fuel.