Stonk up ? we love feee moneyWhat stupidity . 15b for Covid lmao . We've been close twice in the last two months to a government shutdown but let's keep throwing many at S***
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is this what popped markets just now? Market loves the free money.
Looking like the ? ?
Looking like the ? ?
I think it can. They didn’t stop drilling test wells. I guess fast is relative though.Even back in November of 2021, US oil production was already at its highest since April of 2020 and is projected to increase further to new record highs in 2023 per the EIA. Related to COVID, production in 2020 dropped significantly vs 2019. It later steadied out and then started rising back later in 2021.
Now with these much higher prices, I expect EIA projections for 2022+ to be even higher. I wonder if the US reaches record high production in 2022. Can it happen that quickly?
I'm not seeing anything increasing. Joe must think airports and countries are still locked down.
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