'Brushes' with brilliance
I’m thankful for my painting days. For starters, the trade introduced me to the Big N and by extension those fun-loving Padres.
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I’m thankful for my painting days. For starters, the trade introduced me to the Big N and by extension those fun-loving Padres.
In early December, the G7 and EU countries, plus Australia, put a cap on the price at which they would allow sales of Russian exported crude. The cap is $60/bbl with various modifications and adjustments. The rationale for the price cap is that with world oil prices ranging between about $70 and $80 the cap will reduce Russia’s income for fighting the war in Ukraine but will be enough above Russia’s cost of production to allow enough incentive to keep Russian supplies producing and entering the world market.
Biden is watching his presidency implode and apparently assumed a good old-fashioned freak-out would change the narrative.
As we slog through shortages, record-high prices, soaring inflation and world unrest, it’s good to know we have a president who has taken Harry Truman’s mantra of “the buck stops
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero