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PXD - President Biden's Best Chance To Fight Oil Driven Inflation Is To Call U.S. Shale CEOs
Pioneer Natural Resources Company
As of this morning, front month U.S. April crude futures traded up to $116 per barrel. This is a big contributing factor to the highest inflation in forty years.
Yesterday, OPEC+ met and declined to increase production more than originally planned. Also, President Biden's calls to the Saudi's have been rebuffed.
The solution is readily at hand and President Biden needs to use his Scranton charm and call the U.S. Shale CEOs. They will answer the call.