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Jeez: Trump announces that he's buying crude oil for Strategic Petroleum Reserve, in gambit to boost (!) prices at a time when US demand/consumers are being crushed. Pure coincidence that this might benefit Saudis, the Kremlin & big campaign donors like Howard Hamm @JavierBlas🤔
Harold Hamm: Saudis/Russians are flooding the market in a “direct attack” on US producers. “They’re taking advantage of this coronavirus pandemic that’s sweeping the world to focus in on this industry and devastate it. That's not gonna happen. We're gonna take action on them."
“Does it damage the industry? Absolutely," Hamm said. Russia and Saudi Arabia both "know that, and that’s why they’re taking this action. Can we stop them? We certainly can.”foxbusiness.com/markets/oil-us…
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