Friday, April 2, 2021

The ten year up to 1.72

No American buyers, but foreign oil buyers, stocking up.  They dump treasuries for oil based on Texas export prices. Foreign oil buys drove oil up a couple of bucks, but the dollar will soon apprciate at the higher rate.

I say this works. I say we support the frackers by piping that natural gas to our homes and lower our energy costs. The greenies plan to make more emissions, utilizing the natural gas that is otherwise burned is a good idea. The Green thing is to do this one quick fix now, it is co2 neutral, keeps the globe on the petrodollar, and is a much better way of tracking resltive energy costs, which is what Greenies need.

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