Saturday, February 9, 2019

US Sanctions On OPEC? -- February 9, 2019

My hunch is that this bill won't become law, but if it does, wow, sanctions on OPEC, Saudi Arabia, and Russia? Wow. Link here. The bill was introduced by a Republican. From the article:

Michael Cohen, an analyst at Barclays in New York, said that even if H.R. 948 does not become law, it would give the Trump administration substantial leverage if global crude prices start to rise.
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A Bit Of Humor

From Powerline today:


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