Ann: Dividend/Distribution - WDS, page-70

This is a well informed post........all the refs to Iran, Putin, etc are according with my research. Trump wants POO down bercause he told the US that he would lower inflation. POO is a major factor in inflatiion.
There is one thing I have not figured out. As far as I know he got big contributions from the OIL industry in the US which is manly fracking. Fracking is expensive and getting more so.
The current decline in oil prices, influenced by various factors including geopolitical decisions, has mixed effects on U.S. oil producers. While lower oil prices can benefit consumers with cheaper fuel, they pose challenges for producers, especially those with higher production costs.For U.S. producers, profitability depends on the breakeven price of oil, which varies by region and type of well. For example, in 2024, producers in the Permian Basin needed oil prices to be at least $62 per barrel for new wells to be profitable, while existing wells required a minimum of $38 per barrel. With current oil prices hovering around $67-$68 per barrel2, some producers may still be making a profit, but margins are likely tight, especially for new drilling projects.Additionally, the overall profitability of the oil industry has been declining since its peak in 2022. Factors like increased global refining capacity and relatively weak demand for petroleum products in the U.S. have pushed down refining margins. This challenging environment has led some companies to focus on cost-cutting measures and strategic investments to maintain profitability.