@PetjaYlitalo@CAssonance@CRUDEOIL231 Technically SPR is also distorting spot prices. Let the barrels flow to where they need to, and let market supply come online. Also, puts the right pressure on politicians instead of giving them breathing room to not get a deal done
@CAssonance@PetjaYlitalo@CRUDEOIL231 No, he’s saying let the market set the price, so that it matches supply. That in turn encourages additional supply to come onto the market. If they let oil run these last three months and didn’t artificially hold it down, you might see US shale start drilling more wells.