"Trump is able to reduce world oil prices." Mikhail Krutikhin about criticism of OPEC from the US President

The cost of oil fell by 0.5% on the New York exchange after US President Donald Trump criticized OPEC and said that raw materials were “artificially high”. According to him, the United States does not accept it. Can the United States somehow influence the world oil prices The Insider said by Rusenergy's partner Mikhail Krutikhin .

Looking at the picture of supply and demand, I join the opinion of Trump: oil prices are now too high compared to what they could be. I see that speculators in the “paper oil” market are now pushing the price up. As for the American position - whether America can do something about it - I think maybe.

America increases the production of national oil under these conditions, and Trump's large plan to encourage the oil and gas industry works in full swing. Almost all points that Trump, as expected, had to implement, were made. He discovered for the development of stocks that are located in federal territories on the continental shelf. He freed the projects that were planned, but were inhibited by the previous administration: main oil pipelines and gas pipelines. I did a lot, this list can be continued. He had to fulfill only one thing from that list - to introduce something like a barrage tax on the import of someone else's oil from the Persian Gulf.

So far, Trump " trains " in the metallurgical region. But if such a tax arises with regard to oil imports, then I think that in America prices will grow somewhat, which encourages those who mines it on American territory. When the rest of the world has nowhere to put the excess of his oil, then the prices will still fall there. If we wait from the United States of such a measure, then we will see a decrease in oil prices.