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Monday, May 23, 2022

A Picture Is Worth A Thousand Words -- May 23, 2022

Link here.

Comments on the Legacy Fund later. 

The daily activity report

NDIC has made major strides in getting their website back up. There are still some glitches and thus no new data to post for today. The daily activity report was not posted today.

WTI: fell to $109.80.

And that's about it.  

Apparently there's some news story out there about President Biden being happy with high gasoline prices because it suggests the transition to renewable energy is going well, especially for those who enjoy can afford $6-gasoline. 

I would have loved to have been a fly on the wall listening to some staffer "explain" this to the president who has probably never driven a car in his life -- except for that 18-wheeler he used to drive "back in the day" -- which wasn't a car -- but you know what I'm trying to say.

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