Saturday, September 14, 2019

Saudi oil

The Saudi oil business was attacked and they lost one-half of their production. In years past this would have caused a severe spike in the price of oil but that is not likely to happen because of fracking. The US is now a net exporter of energy and and will soften the blow of the Saudi problem. All those 350,000 independent owner truck drivers in the US will not have to see diesel go to $4. That's called taking care of small business.

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