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US is a net exporter, this will only increase that. In the end their move further entrench the dollar as the reserve currency.
by downrightmike 4y ago
US is a net exporter, this will only increase that. In the end their move further entrench the dollar as the reserve currency.
- simonblack 4y agoWhile prices at home in the US go through the roof because all that exported oil means more local competition for that smaller amount of oil left remaining and available on the home market. That's called shooting yourself in the foot.
- downrightmike 4y agoOil availability and housing are mutually exclusive. As we see that people still live in Texas after their grid failed and froze people to death and Arizona power cut off a retiree's power in the middle of summer leading to their death.