Oil has gone from $42 to $72 a barrel. The cost of OIL is in everything. Nothing is made or transported without Oil in some way.
When you squeeze something or legislate against something it goes up in Value.
The interest rate on CD's is .005 percent. This is artificially keeping the Stock Market going using retirees money.
Just look at the jump in the price of houses in The Villages to see inflation going wild.
Oil/Natural Gas will continue to rise and there is going to be wailing and gnashing of teeth soon. We have not seen Inflation like what is on the way. All deserved and justified. Your house value might make you smile but when you drive to Walmart and it costs $100 to fill your tank and $500 grocery bill you are not going to last long.
What can you do? Buy Exxon Stock.
The Oil Man
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