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Will A Recession End The Commodity Bull Market? | Rick Rule
Forward Guidance
Oil Industry Profits Are the Cause of High Pump Prices in Most of the Country
No oil company has been allowed to build a new refinery in the united states in 35 years, but demand for gasoline has increased substantially. If mister byden wanted to see gasolene prices lower, he could help the oil industry permit a new refinery or at the very least help permit de bottle necking of existing refineries. What everybody listening to this interview needs to know is that he's just trying to get re elected. He doesn't care too much about the pump price, except as it inpacts his ability getting re elected.
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