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Mid Michigan | I heard a guy talking about it the other day describing these ship traveling at the speed of a bicycle. Imagine riding a bicycle from here to saudi arabia right now. Takes a while to get there. It's fine if they're spaced out and arriving on a schedule but when you stop the schedule or interrupt it you have a problem. I know if I'm cold I'll pay what I can to get heating oil and if I need transportation I'll pay a lot for gas too. | |
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Oil price post Hormuz