3min chapter

ARC ENERGY IDEAS cover image

Catching up: Politics, European Energy Conservation and Oil Markets

ARC ENERGY IDEAS

CHAPTER

The US Could Change Things on the Oil Market

US President Joe Biden said there would be consequences for Saudi Arabia by making this change. They don't want higher oil prices, especially in November because of these elections. The US could take some actions here and a number of people are concerned about selling them. But I think the biggest impact is probably going to be on Mexico and Central and South America.

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