Trump Renews Attack on OPEC Over High Oil Prices

The video discusses the impact of OPEC's decisions on global oil prices, highlighting a recent tweet by Trump urging OPEC to avoid price hikes. Despite no scheduled OPEC meeting, the market has seen a 2.5% drop in Brent prices after months of increases. The Saudis plan further production cuts, while US gasoline prices are declining. The video explores the balance between consumer benefits and producer challenges, with US shale production breaking even at $35 a barrel, while Saudi Arabia targets $80 for Brent.

What has been the trend in gasoline prices at US gas stations?

What concerns do US producers have regarding falling oil prices?