Speaking of oil prices a reminder


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Posted by russsmith on October 05, 2026 at 10:00:37

In 2020 during the early pandemic nobody was driving and oil and gas prices were tanking. Trump then told MBS if the Saudis didn't CUT their oil production by 25%, he would cut off military protection to them. On april 2 2020 they announced a 25% cut for not just the Saudis, but OPEC, 10 million barrels a day which is roughly cutting 10% of the GLOBAL supply at the time.

HE announced this April 2nd, the same day US oil prices shot UP 25%.

So todays oil and gas price crisis is actually the 2nd time Trump caused prices to spike it just took longer the first time because nobody was driving so demand was too low.


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