US President Donald Trump has announced Saudi Arabia and other OPEC countries ready to increase oil production
The logo of the Organisation of the Petroleum Exporting Countries at OPEC's headquarters in Vienna, Austria December 5, 2018.
President Donald Trump said on Friday Saudi Arabia and others in OPEC had agreed to his request to boost oil production in order to tamp down prices. "Spoke to Saudi Arabia and others about increasing oil flow. All are in agreement," Trump said on Twitter. Earlier in the day, he had said his efforts to persuade OPEC oil producers to increase output were working and gasoline prices were coming down.
Spoke to Saudi Arabia and others about increasing oil flow. All are in agreement. The California tax on gasoline is causing big problems on pricing for that state. Speak to your Governor about reducing. Economic numbers, 3.2% GDP for what is often worst quarter, looking good!However, prices at the pump have been rising steadily to an average of $2.883 a gallon for regular grade, up from $2.
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