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diogenescynic 17 hours ago

They're destroying oil production and distribution capacity daily. This is likely the last time we will see oil prices this low. It's only going up from here. Oh and choking off the supply of fertilizer will drive up food prices... so we're looking at sharp increases in fuel and food prices--basically everything will be impacted. Oh and the Valero refinery in Texas conveniently caught fire today. Prices are going up and staying there. Supply chains will be destroyed and Iran will require a toll to be paid in the future--this will further drive prices up.