A day that was already the worst in Biden long political career, just got worse when moments ago Reuters reported that just days after the US president showed just how dependent on foreign oil the formerly energy independent US has become, when on Aug 11 he begged OPEC+ to pump more in order to lower the price of gas at the pump, OPEC+ responded that it sees no need to release more oil into the market at present, despite US calls. As a reminder, OPEC+ is currently planning to raise output by 400k BPD a month beginning in August until all the current reductions of 5.8mln BPD are removed, and will not accelerate its ... (full story)