I have an analysis to this Lorenzo and this is just a doubt. But this doubt makes me think that the US is really using its brain and using a smart strategy.
Since there is a recession, most of the industries are geopardized and on halt. Hence, I have a doubt that the US is holding its supply because who needs oil anyway? So if supply is less, the prices will go up.
I know that Saudi and the US has a deal that Saudi should produce this much for the US for one year. There is a quota.
Hence, I doubt that there is a surplus of oil in the US and there should be, but they are not releasing it because there is no industry to feed. This surplus oil will just go to the national reserve.
As I know, only the President and the CIA or FBI knows the exact location of the National Reserve. Nobody can touch the national reserve unless needed in war or only during an extreme national catastrophy.
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