A call to oil industry leaders and world leaders to help consumers, ease inflation and demonstrate that affordable energy should be a global priority.
Oil industry CEOs have a unique opportunity to help consumers, stimulate economic growth and restore public trust in the oil industry.
The mission is simple: bring Brent crude oil down to $77 per barrel by October 27, 2026.
What Can Oil Companies Do?
Oil companies can contribute by increasing production wherever technically and commercially feasible, restarting idle facilities that can safely return to operation, releasing commercial inventories, accelerating deliveries and eliminating transportation bottlenecks.
They can also offer competitive discounts on individual crude shipments, optimize shipping routes, improve logistics and increase supply efficiency.
Greater oil availability could ease market fears, reduce upward pressure on prices and improve confidence in global energy markets.
CEOs and senior executives should engage with international media, announce concrete measures to increase supply and communicate transparently to reassure markets, reduce uncertainty and help ease upward pressure on oil prices.
A Message to President Xi Jinping
President Xi,
The US is pursuing measures to reduce energy costs, including efforts to improve oil availability and ease shipping restrictions. Russia is also seeking to maintain and restore petroleum exports.
China now has a golden opportunity to demonstrate that it can make a positive difference.
This is also a unique opportunity for China to find common economic ground with the United States and Russia.
Encourage measures that increase global oil availability, improve shipping security and reduce market uncertainty.
This could be an opportunity for China to demonstrate global leadership through practical economic cooperation.
Mr. President, no half-measures. Go all in! Speak to the international press. Make your voice heard, show the world what China can contribute and put your full weight behind affordable energy.
And who knows? You might even become President Trump’s new best friend!
The objective is clear. The deadline is set.
Operation 777: Brent crude oil at $77 per barrel by October 27, 2026.