Discover and read the best of Twitter Threads about #NOPEC
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Thread of news items related to #NOPEC
#OPEC #OOTT #COM #Oil
1- Trump calls on Russia and Saudi Arabia to cut oil production
politico.com/news/2020/04/0…
#OPEC #OOTT #COM #Oil
1- Trump calls on Russia and Saudi Arabia to cut oil production
politico.com/news/2020/04/0…
2- Trump told Saudi: Cut oil supply or lose U.S. military support - sources
reuters.com/article/us-glo…
reuters.com/article/us-glo…
3- OPEC and allies’ oil production cut is Trump’s ‘biggest and most complex’ deal ever: Dan Yergin
cnbc.com/2020/04/13/ope…
cnbc.com/2020/04/13/ope…
1-5 By voting for the #NOPEC bill, supporters are telling Aramco & other NOCs that go public NOT to list in New York! They are forcing oil-producing countries to pivot more & more toward China & they are telling the rest of the world to apply the same rules to US companies. #OOTT
2-5 They are also telling oil-producing countries to take their investment outside the US, and telling their citizens not to visit the US. If people with money do not come to the US, you end up only with people with NO money coming to the US! What a policy!
3-5 The Irony is: Democrats need high oil prices for their green agenda to succeed. The last thing Democrats want is low oil prices. Low oil prices can increase US dependence on foreign oil imports while ruining the Democrat's green agenda.
