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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months ago

Exxon Warns Oil Inventories Are Near Crisis Levels as Emerging Markets Dump US Treasuries

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Exxon Warns Oil Inventories Are Near Crisis Levels as Emerging Markets Dump US Treasuries

blocknow.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 2 months ago
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Exxon says global oil inventories are at dangerously low levels amidst Middle East chaos & emerging markets cut US Treasury holdings.
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      it is also the worlds largest exporter and producer of bullshit

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      Is your point to say this is good for the US? Good for Oil companies in the US maybe. On the short term. But oil is a global commodity. The oil goes to whoever is willing to pay. Unless you think Trump is going to nationalize the oil industry. Americans are just as fucked as anyone else. Doesn’t matter where the oil comes out of the ground. It matters who is selling it and who is buying.

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        • wheezy@lemmy.ml
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          All good. Sometimes the context (or lack there of) in which people mention things makes me confuse the intent.

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      You sure it isn’t the middle east?

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