I know all about oil. The price is down because Russia and Sadie Aribia were putting too much oil on the market to get the money they need. Both of them wanted the other to cut back. Neither would. Trump tried to get them to reason with each other. There are ships on the ocean filled with oil and no place to sell it. About 15 years ago Sadie Arabia told the world they do not have as much oil as people think. Dubai doesn't have a ton of oil left and is trying to switch their country over to tourism for income when they run out. Israel is suppose to have a massive amount of oil under it that has never been tapped. The US is the largest producer of oil in the word now. With the lower cost of oil now it will force some smaller US independent oil driller to shut down. No large US producer of oil is going to go bankrupt.
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