Dave Matthews
Dave's not here
Thunder and rain here this afternoon.
Not too bad over here in the USA. It's a bit hot 'round these parts though.Windy and rain. How are you, keeping well?
He's asking about the weather.So I genuinely do not know as I havent been following news or this. What does the video mean, what is Macron asking?
Ok, I'll try to tackle this seriously. He's not asking anything. He's saying OPEC is at (near)maximum capacity. They lack the ability to produce more oil in the short term.So I genuinely do not know as I havent been following news or this. What does the video mean, what is Macron asking?
it looked like gangsta talk.So why is it a news item or youtube item?
Why is global oil production at maximum capacity while gas/petrol is twice per gallon/liter as it was last year a news item?So why is it a news item or youtube item?
What? I'm not sure what you mean. The price of oil is at roughly $111US/barrel today. That's high. Remember, two years ago in the middle of the Covid shutdown it was trading at BELOW $0 US/barrel. You read that right. The OPEC nations brought production to a screeching halt and were paying countries to store it for them because no one was driving. Now demand is RAGING because the Covid restrictions are lifted, production is maxed out and they are trying to lower demand. The price of gas is a supply and demand issue. It's not my president's fault and it's not your Queen's fault or whatever.I thought the oil price was low and fuel prices high and companies making a packet............last I heard when taking any notice.................the price is what you have to pay end of story, you cut your clothe to suit................I was serious ez...........thanks.
I am not an oil trader and this doesn't require deep thinking. I'm not that smart. I mean COMPARITIVELY, sure. But in general I mean. That's why I like hanging around here so much.What? I'm not sure what you mean. The price of oil is at roughly $111US/barrel today. That's high. Remember, two years ago in the middle of the Covid shutdown it was trading at BELOW $0 US/barrel. You read that right. The OPEC nations brought production to a screeching halt and were paying countries to store it for them because no one was driving. Now demand is RAGING because the Covid restrictions are lifted, production is maxed out and they are trying to lower demand. The price of gas is a supply and demand issue. It's not my president's fault and it's not your Queen's fault of whatever.
I thought high was 150 per barrellWhat? I'm not sure what you mean. The price of oil is at roughly $111US/barrel today. That's high. Remember, two years ago in the middle of the Covid shutdown it was trading at BELOW $0 US/barrel. You read that right. The OPEC nations brought production to a screeching halt and were paying countries to store it for them because no one was driving. Now demand is RAGING because the Covid restrictions are lifted, production is maxed out and they are trying to lower demand. The price of gas is a supply and demand issue. It's not my president's fault and it's not your Queen's fault or whatever.
I'm not sure there is a particular number above which that oil is considered "high" that the world agrees on.I thought high was 150 per barrell
You're clear that OPEC can't immediately increase production, correct?Anyway back on topic. Was Macron asking for increased oil production? If so then the media are correct about that man.
Hence the video.You're clear that OPEC can't immediately increase production, correct?
Now yes. Before hadnt took a blind bit of notice. Everything is going up in price and will come to a head towards the end of the year. But I can do nothing about it so...............You're clear that OPEC can't immediately increase production, correct?
That's the spirit!Now yes. Before hadnt took a blind bit of notice. Everything is going up in price and will come to a head towards the end of the year. But I can do nothing about it so...............