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You keep it in the US. Price globally goes up, oil price goes up globally = price in the US goes up regardless of what your reserves are doing => your strategy
by culopatin 4y ago
You keep it in the US. Price globally goes up, oil price goes up globally = price in the US goes up regardless of what your reserves are doing => your strategy failed.
- mrits 4y agoI agree the strategy failed but the rest of what you said is wrong. We don't care about the global price. We care about the price paid to Russia. There isn't enough in our reserve to move that needle.
- teawrecks 4y agoWe do care about the global price, because before those reserve barrels reach the gas tanks of Americans, they go through about a dozen greedy hands who would gladly sell them over seas to turn a profit for themselves. If you can think of a way to keep that from happening that doesn't involve the global price of oil, you should be working for the white house and not sitting in your armchair.
- mrits 4y agoAre you under the impression that working for the white house is a prestigious position? These aren't America's brightest filling these positions. Quite the opposite.