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It is how it works though. Supply and Demand are real, price spikes are real, Oil shock caused major problems for the US in the 1970's. Strategic reserves exist
by jollybean 5y ago
It is how it works though. Supply and Demand are real, price spikes are real, Oil shock caused major problems for the US in the 1970's. Strategic reserves exist, and the amount of Oil is finite.
So it translates into a strategic issue, and, there will be direct involvement by the US if things get bad.
The US I think will stay in S. Korea until the situation changes, it's better to have chips, but that's not necessary.