7 Comments
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Andy's avatar

Can you clarify how domestic fuel prices will be affected by the US selling more oil abroad? Isn’t that an increase in demand, which is a price driver?

Luke's avatar
2hEdited

Rod said here and previously that within a year the prices will drop here significantly and be a net longer boon to USA. The short term price spike has actually been less than some gulf Hurricanes. I greatly appreciate Rod's wisdom and focus on the future for America. "As risk drops, prices will drop, ultimately quite a lot lower than before the war. Consumers will find relief while U.S. market share soars. "

Andrew Hodges's avatar

“We are monetizing the reduction of risk and the displacement of risky supply.” Classic Trump move…negotiating with and capitalizing on the heart of the matter: risk.

Rose Sybil's avatar

Interesting take

Three Big Lies's avatar

Exciting view of the present situation and the future. I pray that it all comes to pass. Unfortunately, this is hard to explain to my doomsday denier friends and family - to be clear, though, I have friends and family on each side of this issue.

Scott Lively's avatar

Spot-on analysis, deftly summarized!

Adam Clay's avatar

Is the US Navy actually going to indict a Chinese or Indian flagged ship?