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S Illinois | The spigots were already open. What led to those high gas prices was the OPEC deal where oil supply was cut by almost 10 million barrels a day during the height of the COVID oil price decline. Now one can argue that Tump negotiating that was to protect US oil producers who had just come through negative oil pricing, but that large of production cut had a long tail.
And yes there as a war. The Russian/Ukraine war was started in 2022 | |
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Tarriff rebate application
