FGE's Fesheraki Sees Oil at $65 a Barrel Next Summer

The video discusses the current state of oil futures, OPEC's production cuts, and the impact of recent tax policies on the oil market. Farrah June Fisher, an energy expert, provides insights into how these factors influence oil prices and production. The discussion covers the potential extension of OPEC cuts, the effect of US tax policies on oil companies, and the implications for US crude production.

What are the potential consequences of a $1.00 increase in the price of oil compared to tax relief measures?

Discuss the implications of the U.S. oil production ramp-up in relation to global oil prices.