No. of Recommendations: 5
The world's energy markets are being remade in real time in ways that favor us. I'm not so sure why this is such a mystery or why that's beneficial to us especially as it relates to China.
Favoring certain, but not all, of "us".
His nibs brags about all the tankers making for Texas and Louisiana, daily. As noted before, the entities ordering those tankers to the US, will be bidding against USians, for a fixed supply of oil. USian big oil will profit handsomely. USian Proles will only be paying higher prices for the fuel they need, and juggling that with the 7 year financing on their big SUV, and their mortgage, and their five figure student loan.
A couple times a day, as the Lex ran out of water between Florida and Louisiana, she would execute a 180 degree turn, at full speed. They seemed to always want to execute this turn, while I was having chow. The 1MC would bark "heel to port". I would stop eating and grab everything, as the ship heeled, a lot.
Watch USians stop doing other things, as higher energy prices skew their spending patterns.
Steve