As US gas prices remain HIGH, what does this tell you about Big Oil(R)?

As the same people(R) who gave us the unpaid for tax cut, MORE than suck the money back with unjustified, high oil prices.

IEA report: Global oil supply hit a record high in August despite Iran, Venezuela fallout 

  • Global oil supply hit a record high in August at 100 million barrels per day (bpd).
  • Higher output from OPEC managed to more than offset seasonal declines from non-OPEC members, which nonetheless increased year-on-year, led by the U.S.
  • August saw OPEC’s crude supply hit a nine-month high of 32.63 million bpd, despite falls in production from major players Venezuela and Iran.

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