Expensive Oil Harms World Peace: Catsimatidis

Paul Greaney
By Paul Greaney
October 3, 2022NTD Business

The global economic slowdown is hurting oil demand, and OPEC+ wants to increase prices to make up for lost revenue, despite the impact higher prices could have on the world.

NTD spoke with John Catsimatidis to discuss OPEC’s potential production cuts. Catsimatidis is chairman and CEO of United Refining Company and owner of hundreds of gas stations. He both sells and refines American-made gas.

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