3 ms·

I don't understand your point; that factcheck article confirms the accuracy of the statement that the US is selling oil from the strategic reserve to China (amo

I don't understand your point; that factcheck article confirms the accuracy of the statement that the US is selling oil from the strategic reserve to China (among other countries). It provides more context, yes, but it confirms the statement.

NLPlatypus 4y ago
It’s a global oil market. If China wants to overpay, so be it.
- refurb 4y ago
  What do you mean "overpay"? It's a global market with a spot price?
  - boppo1 4y ago
    Yeah and spot was high.
    - formerkrogemp 4y ago
      If you need vital goods to run your day to day operations, you'll be willing to overpay off it means you don't have to shut everything down even more than you've had to do so already. Your net benefit as China might outweigh the cost, even if you must buy anyways. The alternative is shutting down the economy more than has already occurred.
    - refurb 4y ago
      Right, they didn’t overpay, they bought at the market rate? The price they would have paid from any supplier?