by Summary:
OPEC+ shocked the market by cutting output 2 mbd. Will remain in effect for a year.
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Mike Norman considers the following as important:
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OPEC+ shocked the market by cutting output 2 mbd. Will remain in effect for a year.
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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| OPEC+ shocked the market by cutting output 2 mbd. Will remain in effect for a year. |
I see what your saying but I struggle. I can avoid some things that make me spend but it’s all going on credit card. Up until this year I paid it off every month. I’m lower middle class. It’s hard.
Hang in there Diana, you got this.
It’s hard. I agree.
I believe that we are in a type of "pressure cooker" of sorts and we are to turn to God when we are having trouble. "Be still and know that I am God", this is in the bible. The Buddha said "Seek within, be still".
Jesus said do not seek treasures here on earth but seek to know the Kingdom of God.
This world is a challenge but I have found more solace in listening to the more enlightened ones.
@bpprovit so true…. if you know the one and only absolute truth here on this rock, you are already wealthier than most.
All the German industry is screwed.
Biden has no friends and no influence globally. Price cap …dreaming!
always wanted to pay $50 a gallon….
Love the hair! Will be watching later
Isn't opec confirming the demand is faltering? Sounds like a desperate measure
OPEC members are said to be deeply concerned by the G7 proposal to "cap" Russian oil. They feel it takes pricing power from them and puts it into the hands of consumers. They don't want that and they are going to fight it. Who will win will be determined over time.
Conspiracy theories always from this guy.
A scheme or a strategy by some is a conspiracy, yes. Unless you believe it blew up by itself, than any other explanation is a conspiracy.
@Mike Norman MMT Economics No evidence, but you are sure your theory is correct.
Stormin Norman !!!!
all brandon would have to do is restart keystone pipeline. but sotoro wants to make it as hard as possible on us, even though all his homes will be nice and toasty this winter.
Why do you keep calling this a price cut? When you reduce supply doesn't the price go up?
People of Europe should protest for the genocide Russia committed in Ukraine.
The big corps rule in democratic countries. Always profits first.
great vid keep'em comin mike!
Good commentary Mike. I’m with you I don’t see a recession but I do see earnings misses coming. 😅
Thanks Mike for your thoughts. The contradiction is that you are bullish on energy. When energy goes up so does everything else becuase everything uses energy therefore fed will continue to stay on it's hawkish path till demand destructs
👁💚
Sleepy Jo Bidenovski will be very upset that OPEC is cutting production before the election
Great update, Mike! keep up the good work.
Awesome job Mike!
In addition to motive and opportunity and such, most importantly you need EVIDENCE….but carry on with your conspiracy theorizing!!!