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Misc Stock Market

GaWx said:
Looking at your chart, it dropped significantly in 2020 due to COVID. Since then, it has started to turn the corner as that chart shows. It shows it has risen back about half of the COVID related drop.
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I'm still not seeing the record production increase Biden is talking about and not seeing any announcement from oil companies or new permits issued. We need production to be above the peak with inflation currently.
 
BREAKING: Biden says gas prices will rise, calls it "Putin's price hike"

ch.gaschart


Biden must take the common US man for fools.

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” ― George Orwell, 1984.
 
severestorm said:
This sums it up well....

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Also doesn’t take into account how nearly everything in the economy runs on oil and so prices on everything will rise as oil rises. And someone living paycheck to paycheck would be stupid to drop $50k on an electric car just because gas went up, anyways.
 
superjames1992 said:
Also doesn’t take into account how nearly everything in the economy runs on oil and so prices on everything will rise as oil rises. And someone living paycheck to paycheck would be stupid to drop $50k on an electric car just because gas went up, anyways.
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My neighbors are having a hard time already :( I'm trying to help them out with food and money.
 
GaWx said:
Joe is correct about the US’ current higher oil production levels and projections for new record high production by next year. There’s a lot of misleading info being circulating about US oil production.
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Joe can do a lot more by undoing some of his executive orders. ill leave it at that. We been a day late and dollar short on every one of our reactions to what's transpired over seas. Nothing wrong with Green, innovation etc. But fossil fuel makes the world go round.
 
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