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Surely when storage is full you do start to want to stop production?
by lonelappde 7y ago
Surely when storage is full you do start to want to stop production?
- kube-system 7y agoThat's what producers would do in a competitive and rational market, but oil is not that. Oil is notoriously anti-competitive and political. https://en.wikipedia.org/wiki/2020_Russia%E2%80%93Saudi_Arabia_oil_price_war https://en.wikipedia.org/wiki/2020_Russia%E2%80%93Saudi_Arab...