Andrew Schulz's Flagrant with Akaash Singh cover image

Mark Cuban Exposes Donald Trump, Diddy Parties, & Big Pharma

Andrew Schulz's Flagrant with Akaash Singh

NOTE

Prioritize People Over Profits

The interplay between government decisions and the oil market exemplifies the challenge of prioritizing economic relief for individuals over the interests of corporations. During the early pandemic, a price war between Russia and Saudi Arabia led to significant declines in oil prices, prompting the oil industry to seek intervention from leadership. The choice made was to stabilize oil prices at the expense of broader public welfare, leading to inflation as oil production was intentionally reduced, causing gas prices to rise. As production was eventually increased, indicating a shift back toward previous price levels, it revealed a direct correlation between these decisions and the escalating prices of essential goods, emphasizing the impact of energy policy on everyday life.

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