Description
Here is a SIMPLE answer... It doesnt have a Damn thing to do with the President.
Little or NO control as is true with wheat, corn soy etc etc
Oil is a commodity, primarily a result of supply & demand. OPEC has a major role
in the Production / supply.
2000-2021 the demand was SO LOW due to the Pandemic that Oil was priced at a loss.
And now Big Oil is reaping the benefits with Billions in profit
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