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Non-Tech : Kirk's Market Thoughts
COHR 173.36-1.0%12:46 PM EST

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berniel
To: rdkflorida2 who wrote (13930)6/3/2022 7:41:54 PM
From: Kirk ©1 Recommendation   of 26781
 
I'm not a fan of Cramer either except he is a great market weather vane...

The weather vane says most but DNC morons know that if we really wanted lower prices, we would INCREASE SUPPLY AT HOME where we would also benefit from the high paying jobs, taxes on those jobs then taxes on the "obscene profits" the oil companies are making on this.

Of course we want to "solve climate change" by asking the Saudis to drill this oil for us that we don't want to buy from those nasty Russians or drill and pump ourselves (maybe those profits go to Red States?)

Biden has been on lowering gasoline prices since last year.
whitehouse.gov
The President has been working with countries across the world to address the lack of supply as the world exits the pandemic. And, as a result of President Biden’s leadership and our diplomatic efforts, this release will be taken in parallel with other major energy consuming nations including China, India, Japan, Republic of Korea and the United Kingdom. This culminates weeks of consultations with countries around the world, and we are already seeing the effect of this work on oil prices. Over the last several weeks as reports of this work became public, oil prices are down nearly 10 percent.
What do you think of this plan to make it easier for struggling families to afford energy?



Maybe the plan is to get them to borrow $60K to buy an EV then forgive the loans like Student Debt?
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