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Author: Steve203 🐝  😊 😞
Number: of 75961 
Subject: Re: Venezuela - Who and How
Date: 01/04/26 1:14 AM
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ME: $57 a barrel is low, so it's a long term investment that will pay back nicely if the price of oil goes up.

Why would the price of oil go up, with increased supply?

Here's a chart from the St Louis Fed: Iraqi production didn't recover to it's level before Bush started his sabre rattling for 10 years. Ten years from now, Trump, and the current big oil CEO's will have made their Billions off of the tightened supplies caused by taking over Venezuela.

https://fred.stlouisfed.org/series/IRQNGDPMOMBD

Steve

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