Quote:
Originally Posted by Realist
Complete respect to you and automotive knowledge but have to respectfully disagree that a POTUS or Congress has very little influence. An administration that is pushing green while stifling another industry can have tremendous snowball effects. Many also feel a weak administration can create problems globally that contributed to our current situation, but some don’t want to see any connection to that. .
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We recently released reserves and convinced other nations to increase output so I guess that’s an example of a small influence. I believe we in talks once again with other opec nations.
Your weakness comment is a subjective perception that would be hard to prove... Imo it more probable that Putin lost leverage, which then triggered his aggression.
Inflation, strong economy, Putin—oil companies are doing REALLY well.