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re: For those who moved cash to the sidelines
Posted on 10/25/22 at 3:45 pm to lsuoilengr
Posted on 10/25/22 at 3:45 pm to lsuoilengr
sitting on cash your effective wealth index is being eroded by our super high inflation thanks to JOEBIDEN (patron saint of the oilfield)
1
Posted on 10/25/22 at 3:50 pm to lsuoilengr
quote:
sitting on cash your effective wealth index is being eroded by our super high inflation thanks to JOEBIDEN (patron saint of the oilfield)
I think under investment during the oil and gas price crash the last 7 years and the pandemic had much more to do with global oil prices than the sitting US president. Energy prices are high all over the world, not just the USA
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