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Message: [QUOTE="GG, post: 4311399, member: 665"] Exactly. Oil producers got burned bad in 2020 when oil sat on ships with no where to go. They will not make that mistake again. So many of the domestic producers shut down around that time as well unfortunately. It was just not profitable for them at those price points. We need supply chain issues to dissipate and the Fed has to raise rates and cool the economy without plunging us into a recession. It remains to be seen whether they can do that ((looks like Powell thinks so), but fingers crossed for some type of soft landing. The Fed let things run hot for too long and we are feeling it now. [/QUOTE]