re: With No Strategic Reserve To Help Him, What Will Joey Do?

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Let's see, reserve can mean supply. Potential can mean possible.

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You don't know what it means or why those companies were making the acquisitions.

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But, can you answer the question, What will Joey do? Pump prices could be $6.00 by election so how do you think Joey will repair the problem he created?

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What is the problem and how did he create it? And note we have record oil production and so much natural gas it's basically uneconomic to drill new wells.

There's nothing that was done and there's nothing to do.

I think prices continue to rise through the summer and then OPEC+ drops some of their quota/cuts and ease prices back down into the $75-80 range...but like any oil price prognosticator, I'm bound to be wrong.