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Old 10-21-2021, 07:44 AM   #7
Falcon67
Senior Member
 
Join Date: Sep 2021
Location: Merkel
Posts: 146
Canonman has it IMHO. Unless we were to nationalize oil production, the market will dictate the price. Washington could potentially dump out some of the Strategic Petroleum Reserve but again - my opinion - would be better reserved for emergencies like a hurricane hitting square on Baytown and/or Surfside and shutting down the refineries for an extended period.

FWIW - Mexico has nationalized oil production and according to google, price is around $4.12/gallon USD.
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