in the opec plus cartel. they met today. they decided to follow-through on the commitment to raise oil production by 400,000 barrels a day. russia threatened the other members and said hey, if you don t supply, we have the ability to produce above our quota as well. so in other words, keep in line and we ll play the game. the sad part about this, if you look at the demand numbers in the united states, the amount of oil that opec is going to give us, 400,000 barrels of oil a day is not enough at the end of the year because it s supply deficit and that means higher prices. neil: what is weird about this, we re begging opec and these countries to produce more oil when we were producing more than enough to make us energy independent. now we re not. just seems weird. it does.
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