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A comment on It’s mostly a demand shock, not a supply shock, and it’s everywhere. Parent comment

Re:It’s mostly a demand shock, not a supply shock, and it’s ... by clavicat on Monday November 08, 2021 @10:33PM (#29157398)
I don’t doubt that. Oil was expensive in the seventies for geopolitical reasons. Production has since become much more predictable and secure.
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