56 President Biden stops oil in Alaska, and tweets about it (twitter.com) posted 1 year ago by AlfredicEnglishRules 1 year ago by AlfredicEnglishRules +56 / -0 39 comments share 39 comments share save hide report block hide replies
Saudi Arabia has no income tax and funds its government through profits from its oil and minerals. Currently, they need oil to be $80/barrel to thread water. They're not going to eat a loss just so fat Americans feel good about fueling their SUVs.