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As much as I'd like to pin that on Trump
Posted on: March 10, 2021 at 18:02:20 CT
KC rules MU
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It was simply market factors at work. Lots of supply available before CV19 with a massive fall off in demand once it hit. Trump's fumbling of the response exacerbated the problem but it wasn't the cause. Having said all that, consolidation and layoffs were coming to the oil industry with or without CV19; oil prices have been volatile but relatively low since 2015.
Edited by KC rules at 18:03:59 on 03/10/21
Edited by KC rules at 18:03:59 on 03/10/21
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As much as I'd like to pin that on Trump - KC rules MU - 3/10 18:02:20