
Originally Posted by
Jason1975
Yep, and people say whoever is the president doesn't affect gas prices.. BS!!!!!!!!!!!!!!!!
It’s not quite so simple. Corporate lean is toward gaining investors and making profits for shareholders, and because of the global economy they will shift production to the markets it is cheapest to supply from to maximize profits.
Current shareholders have quite a bit of sway and will influence corps to hold back on drilling until they extort less restrictions and regs, lower lease fees, and government subsidization equating to more share holder profits. This will cause investors to buy at peaks or miss out at the action, which will increase corporate valuations driving stocks and inflation higher.
The presidential office holder is a rook or knight in a large chess match. Those pieces have a limited amount of moves, and are often used sparingly during aggressive play, and will always be sacrificed when necessary. The people of the world are just pawns in the game, and have little sway.
It’s very complex issue, and following the money will indicate which winds will sway the boat for the brief moment.
https://apple.news/AnFxibyviTGqZudLWPjOmEw
https://apple.news/AAaGyy0IiR-C-IPobx4-w3w
https://www.theatlantic.com/science/...ensive/622887/
https://www.google.com/amp/s/www.nyt...price.amp.html
https://www.caixabankresearch.com/en...ise-oil-prices
https://www.forbes.com/advisor/inves...gh-oil-prices/
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