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mamonster 2 hours ago

>But the US, Canada, the Netherlands, and long list of other countries could make this crisis have zero effect on local prices.

The US Government cannot force US companies to sell at a lower domestic price if they can get a higher price exporting. I know that God-Emperor Trump pretends that he can command the oil sector to make less money, but he can't.

>For example, Saudi Arabia and Russia don't do that

2 countries famous for being beacons of free-market capitalism.

Marsymars an hour ago | parent [-]

> The US Government cannot force US companies to sell at a lower domestic price if they can get a higher price exporting.

That's not a mechanism that anyone is proposing. The US government can, however, apply an export tariff that's used to subsidize local prices.