Oil posted its worst day of the year on Friday, tumbling to the lowest level in more than two months as the new Covid-19 strain sparked fears about a demand slowdown just as supply increases.
It was the biggest single day drop in global crude oil prices since April 2020, when Covid measures and an OPEC+ price war wreaked havoc on markets.
Good news for gas prices? Maybe
Bad news for just about everything else? Probably.
New York declares covid state of emergency as Gov. Hochul warns omicron variant âis comingâ
âŚand from another angle;
Both chambers of Congress will be working in overdrive to try to avoid a government shut and default, both of which would be catastrophic for the economy, which has already been grappling with the repercussions of the COVID-19 pandemic.
âŚand I started this thread a year ago, suggesting that whatâs happening is intentional, for the purpose of the great, global reset of how we think and act. No independence anymore. Itâs nowâŚdependence on your government.
It would appear that the timing goes along with the Christian holiday of Christmas. My guess is that if âweâ have God, this limits the role of government soâŚletâs get rid of God.
Next election Libs on here will be touting Biden oil reserve release for the lowering of oil price. Hoping we forgot about the timing of the new variant.
In teh GWoT you could argue the Military complex, of which Dick Cheney was a direct beneficiary, profited, and the Republican Party profited by stoking nationalism to maintain control.
In the GWoP, sure big Pharma profits, but who else? The Dâs arenât going to maintain control. the Râs couldnât either.
Itâs a loser of an issue. No one gains or profits from imposing lockdowns.