18 minutes ago, SLOWHAND225 said:

Thats not how oil production works at all.

Price per barrel goes up, production goes down.
Production goes down, price stays the same or goes up.

 

You say what? 

 

Oil prices is politically sensitive for world events, used as tactical pressure, based on reserves, economy growth and demand, 

 

So many factors and not simple demand factors 

1 hour ago, Hummin said:

You say what? 

 

Oil prices is politically sensitive for world events, used as tactical pressure, based on reserves, economy growth and demand, 

 

So many factors and not simple demand factors 

You're delusional. I've worked oil and gas my whole life. I've got a solid understanding of how it works and your fantasy isn't even close