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IbogaProject

(4,924 posts)

2. This will pinch oil extraction here

Reply to BumRushDaShow (Original post)

Sat Jul 5, 2025, 03:31 PM

Jul 5

We are reaching or reached peak demand, so now there is a race to grab as much profit as possible as the demand starts to decline. So yes he will get credit for lower retail prices, unless the industry does things to reduce refining capacity. They did that in California awhile ago. His subsidies to producers will be wasted.

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Highlight:

OPEC+ to Further Accelerate Supply Boost With Larger August Hike [View all] BumRushDaShow Jul 5 OP

And Trump will get credit for lower gas prices. Callie1979 Jul 5 #1

This will pinch oil extraction here IbogaProject Jul 5 #2