
Ukraine Impacts
The Trade Guys
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Russian Oil Is a Very Fraught Situation
This morning oil exceeded a hundred dollars a barrel for the first time in a number of years. Further geo political tension will boost the price of hydrocarbon, also good for them. The united states is not dependent on russian oil, and we're going to stop importing it immediately. But as as a globaly traded, fungible commodity, that won't really affect the price materially,. We'd have to do other things.
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