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Re: TradingBabyishere post# 272

Sunday, 04/05/2020 7:06:40 PM

Sunday, April 05, 2020 7:06:40 PM

Post# of 953
It will help protect American jobs at this time, maybe that's not important to you?

It will also increase consumption of american oil instead of overseas. While it may not be a total positive impact to the larger domestic oil companies, it will help the shale industry if they decide to go the tariff route.

Personally i don't think it will come to this. Over the weekend, Iraq, Kuwait, Norway, Canada and Mexico have all said they support a deal and/or reduce their production.
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