Right тАФ sorry wasnтАЩt clear тАФ seems relevant though US is shipping oil from its reserves when it appears China is warming up the tanks to fend off bank raids. Did we sell it or тАЬsellтАЭ it or? What would have to be happening that we would feel the need to be doing that rather than relieving local gas price troubles?
Been wondering how the recent sale (for how much?) of oil to China plays into this
Into this? Probably not at all. China's real estate crisis is not tied to their oil consumption or oil production.
China's oil consumption is of course economically relevant. However, oil prices are not a plausible factor in the real estate sector collapse.
Right тАФ sorry wasnтАЩt clear тАФ seems relevant though US is shipping oil from its reserves when it appears China is warming up the tanks to fend off bank raids. Did we sell it or тАЬsellтАЭ it or? What would have to be happening that we would feel the need to be doing that rather than relieving local gas price troubles?
You may be overthinking that one.
China is always greedy for oil. The Bidens are always greedy, period.
I don't think there's any more to it than that.
Could be. Trigger threshold for funny business is set lower than in the past