Russia thinks a 6-month freeze is the cure for the global oil market

Freezing global crude oil production for six months with an option for an extension would be the most appropriate and efficient way to rebalance the market, Russia’s Energy Minister Alexander Novak said in a TV interview the ministry published on Monday. Moscow is continuing its consultations with companies operating in Russia, and hopes that everyone will take part in an agreement on freezing output, the minister added. At the end of last month, OPEC producers agreed to discuss a deal to limit production to a range of between 32.5 million barrels per day and 33 million bpd. Oil prices rallied after that announcement then, but later lost steam amid growing skepticism if OPEC would be able to agree to quotas and more importantly, to stick to its decisions...more

Do you notice how the Socialists want to protect Big oil while sticking it to the lowly consumer?
Clearly, funding the state comes first.