Oil prices will increase

Harris L Coronavirus April 13, 2020 1 Minute

Trump was instrumental in a new agreement to lower oil production which will increase gas prices. This will hurt American consumers at a time when many have lower incomes because of the coronavirus. Why benefits? Trump’s oil baron donors and his pals Putin and the Saudis.

In which the supposed “free market” party supports a foreign cartel that drives up prices for Americans.

Why?

Republicans owned and controlled by the fossil fuel industry. https://t.co/TdGz2QGzOs
— Sheldon Whitehouse (@SenWhitehouse) April 13, 2020

An American president aggressively pushing to *raise* gas prices in an election year is a sight to behold for anyone who has ever followed the politics of gas prices (even in light of the huge losses in oil jobs around the corner). https://t.co/pvDyXqdnoa
— Sudeep Reddy | Wash Your Hands (@Reddy) April 13, 2020

The president said his administration would "purchase, at a very good price, large quantities of crude oil for storage in the U.S. Strategic Reserve."

Not a drop has been purchased. When he made the pledge he hadn't secured funds from Congress. And still hasn't.
— Tim Mak (@timkmak) April 13, 2020

The decline in oil consumption this month alone will be 7x bigger than the biggest quarterly decline after the 2008 financial crisis

(via @axios) pic.twitter.com/0phLaaaz0M
— ian bremmer (@ianbremmer) April 13, 2020

Published by Harris L

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Published April 13, 2020

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