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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (13960)	6/9/2022 3:29:05 PM
From: TigerPaw	Respond to of 26768

OWN the higher prices The higher prices are solely the result of shutting down the oil fields in Libya, Iran, Iraq, the Red Sea, Angola, Liberia, and Venezuela. It's no accident that all of these places became unstable, with the help of US military, just as the Norrth American oil companies had to finish tapping their high cost shale, sand, and deep sea oil before global warming was too severe to ignore. There may be some topical, immediate reasons for high oil prices, but they only exist because supplies have been artificially constrained - worldwide (except N. America and Kuwait/Saudi Arabia, imagine that).