GOLD 0.51% $1,391.7 gold futures

Light house, sometime next year the US will be totally oil self...

  1. 10,404 Posts.
    Light house, sometime next year the US will be totally oil self sufficient. This oil supply wasn't in the global supply chain ten years ago and considering the US is the second biggest oil consumer that means an awful lot of oil has been added to global supplies.

    Why has OPEC then decided to create further over supply? Certainly cheaper prices will help countries like the UK. But then the Saudis aren't benevolent.
 
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