Thursday, February 8, 2018

TRICKLE DRIP

Up and down OIL price goes...as oil gluts and flows...or...falls off in trickle drip...producers unwilling to sell for less...cold feet...chasing another hot tip, (WSJ B-11;02-08-18).

Had OBAMA been alert...he could have stopped SHALE OIL PRODUCTION. But...he was too busy imposing tribal socialism and didn't have time to stifle a new way to extract oil and gas from what was considered "unproductive terrain".

Nowadays...SHALE PRODUCTION...encouraged by TEAM-TRUMP...has delivered a great benefit to fossil fuel consumers...adding so much OIL that prices for gasoline...for example...are falling. VIVA TRUMP!