(Chattahoochee River Whitewater Specific)
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Yes they cut 2.2 million barrels a day ... or that is their target. But they always cheat so expect oil to stay low for a while.
It is nice at the pump, but actually not good for oil to be this low for the long haul. Less incentive for alternative energy, hurts US oil industry and jobs and makes us more dependent on imports. Then they stick it to us again.
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