Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 190.88

+2.8%

Dec 22 3:59 PM EST

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To: Kirk © who wrote (13277)	3/12/2022 10:10:28 AM
From: rdkflorida2	Read Replies (3) of 26823

I cannot find anything that Biden did where I can draw a "direct" line to higher prices. Crude production UP, Nat gas production UP, Crude from Canada to U.S. a record UP. No leases canceled. More fracking not occurring due to producers worried that prices will go to zero again and banks not willing to finance. And when crude went to zero and negative not one drop from Keystone contributed to the glut. 2022 production of all of the above is already exceeding 2021. If you have different info I'm willing to listen. RDK

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