OPEC wants US shale producers to join its market price manipulation scheme
Reuters:
OPEC Secretary General urges U.S. shale oil producers to help cap global supplyIt would be illegal under US anti-trust laws for the shale producers to enter into such an agreement if they wanted to. The same people now urging this recently tried to put the shale producers out of business with a predatory pricing scheme that backfired on them when the shale producers became more productive in response to it.
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