re: $3.539 @ Loves exit 100 on 20/59

quote:

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The cost to purchase oil went up. US policy removed access to drilling rights / contracts within the US. US policy removed access to funding sources for drilling /production / processing within the US. The price for fuel at the pump went up based on the cost to get it to the pump.

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Seems to ignore production dropped 25% in 5 months flat between end of March and end of August 2020, without these restrictions. Almost 2 years ago the price went to negative 37.63 per barrel 4-20-20 was that day.