22 Lavrov: Russia Has Information that US Plans to Stay in Syria Forever, Destroy the Country (sputniknews.com) posted 3 years ago by vigorous01 3 years ago by vigorous01 +22 / -0 18 comments share 18 comments share save hide report block hide replies
They don't need to demand a discount. They are the only ones buying it, thus they are dictating the price.
Then stop producing like it's selling for $100 a barrel. He who holds the barrel wins.
Just look at Texas electricity rates once supply got cut off. He who holds the wire can charge $9/kWhr
Even if we cut the production by 90% the US would still get it for the same price as before. You can't demand a higher price if you only have one customer who also can choose not to buy it from you.
Thank you for agreeing with me.
Do you really think the US would buy our oil if we cut our production thus charge more for it?