Comment on Trump says a 25% tariff "must be paid by Apple" on iPhones not made in the US, says he told Tim Cook long ago that iPhones sold in the US must be made in the US
Interestingly, I don’t think that’s going to happen. OPEC could decide to ramp up production if USA lowers theirs. Demand for oil isn’t rising the way it used to due to alternatives not only becoming viable but actually cheaper as well.
OPEC will reduce production if the price of oil goes too low.
yea, probably so
In a recession with lower demand and everyone hunkering down oil prices probably decline.
Kyrgizion@lemmy.world 2 weeks ago
Interestingly, I don’t think that’s going to happen. OPEC could decide to ramp up production if USA lowers theirs. Demand for oil isn’t rising the way it used to due to alternatives not only becoming viable but actually cheaper as well.
acosmichippo@lemmy.world 2 weeks ago
OPEC will reduce production if the price of oil goes too low.
sidtirouluca@lemm.ee 2 weeks ago
yea, probably so