That's the narrative but CL is the same price it was four months ago. For all the talk it should be at 150 heading for 300, not struggling to hold triple digits. Market prices overall are saying that excessive consumer demand has been killed by demand destruction and hawkish gov policy. A few quarters of tepid earnings will be looked-through given the prospect of the money fountain being turned back on. That's how I see it, I would love to be proven wrong and see TSLA, GME, crypto etc really taken to the woodshed.
Allowing? Who is this country called USA to tell Europe and in particular Germany what to do? Is that so called USA now sending LNG tankers en Masse to Germany to counter the supply crunch? I don't see any. Is American LNG cheaper than natural gas from elsewhere? Not that I know. So spare yourself your cheap talk. Walk the talk or shut up.
Except now the consumer is weaker as his or her wages have not kept up with inflation. Greater percentage of income going towards food, gas, rent, and utilities. Less left over for cheap crap made in China. Whether we should have any influence or not is another question. The point is we did. The article that I referenced stated that US placed sanctions to block the pipeline. Somehow that seemed to have worked under Trump. Then Biden came along, did Putin a favor and removed the sanctions. What did he get in return? Nada... Too busy finding ways to supply China with oil from our strategic petroleum reserve I suppose: https://www.zerohedge.com/commoditi...gency-oil-reserve-sent-abroad-including-china There are many other cases where the US exerts policy over other countries. Somehow we have managed to convince a Dutch lithography machine manufacturer (ASML) to not sell its most advanced machines to China. Btw, buy ASML on the dip and hold for a long time...you'll thank me later. They got a monopoly on the litho industry. https://www.bloomberg.com/news/arti...-to-stop-selling-key-chipmaking-gear-to-china
You can't even property quote and reply to someone. Would love to take a peek into your garage. I bet 90% of your crap and toys are made in China. Right wing hypocrite. Probably includes your mail order bride and adopted kids too because you are too clumsy to get it up. I leave you to your illusion that you will buy everything Made in America from tomorrow. Not even your American flag and the instruments that play your national hymn are made in USA, lol. But you get wet in your pants each time when you stand up in the football stadium to sing praises to slavery, apartheid, the country with the largest inequality in the world and most homeless and junkies in the world. But praises to a useless military that just sits around and loses wars so that you can be proud to live in the nation with the mightiest military. Laughing my ass off.
That's not imagination. Guys like you have an orgasm each time the national hymn is sung. And tears in your eyes each Sep 11. Yet you spit in the faces of your brown neighbors and shop at Walmart, made in China, each Thursday. Hypocrites.
I literally accuse you of spewing baseless opinion. You respond by spewing more baseless opinion -- in this case unsubstantiated characterizations conforming only to your vulgar imagination and personal biases. Everyone here can see this and you only prove my point.