Gromen’s perspective makes a lot of sense to me. Normally oil would drop significantly in a recession (which understates the storm we’re heading into now). We might get a small decline, but more likely the price of oil will bounce in a higher range than expected. Oil producers will cut barrels to keep the price up and shale producers in the USA will go offline. The world is short oil and this imbalance will likely get worse. This sets the economy up for a crazy CPI spike when the liquidity taps get turned back on in 2025. nostr:note1hvpw087wjnvh2u6jnwyqtj2sh3gpsy9je7exf9ru7ek9zkslhxeq62v652