Isnt it a good time to invest in US rental property then ? Granted the rise in price(NAV) might cool or even correct quite a bit, but with yield(rental)running so high cash flow will certainly looks good.
Let the Americans laugh. The only reason their oil prices aren't sky high is that Biden has been emptying their piggy bank: selling oil from their Strategic Petroleum Reserve (SPR). Needless to say, this is extremely short-sighted.Americans aren't just watching the proxy war comfortably though, they are probably laughing since US is selling LNG at more expensive prices to Europe, making a profit.
Nah, the US would just spike oil production () and harvest Saudi ArabiaWhen the SPR is exhausted, watch the US's oil prices hit the roof. And the Americans won't be laughing any more.
Have you seen Saudi's actions lately? They are the opposite of a country that's laying flat and waiting to be harvested (ie Japan). Also, there is simply no way US domestic production could remotely satisfy global demand. It's absurdity of the highest order. If it could, you'd think they would have done something already. Honestly you are starting to sound like a certain former member of this forum known for his sleepy habits.Nah, the US would just spike oil production () and harvest Saudi Arabia
Saudi Arabia has limited leverage when its entire existence is dependent on the United StatesHave you seen Saudi's actions lately? They are the opposite of a country that's laying flat and waiting to be harvested (ie Japan).
The US doesn't need to satisfy global demand. It can ban oil exports as it historically has done and spike domestic production in the United States. In fact, making the US a cheap oasis of energy while the rest of the world has expensive oil makes the US a far more competitive place to do businessAlso, there is simply no way US domestic production could remotely satisfy global demand. It's absurdity of the highest order.
The United States oil deficit (in the years it exists) is entirely covered by imports from Canada; however bad high gas prices may get to be in the United States, it is infinitely worse for the rest of the worldSaudi Arabia has limited leverage when its entire existence is dependent on the United States
The US doesn't need to satisfy global demand. It can ban oil exports as it historically has done and spike domestic production in the United States. In fact, making the US a cheap oasis of energy while the rest of the world has expensive oil makes the US a far more competitive place to do business
Yes, and you think that would never change? Once upon a time, US had limited leverage and its entire existence was dependent on Britain. It's funny how arguments defending US in 2022 assume status quo is perpetual.Saudi Arabia has limited leverage when its entire existence is dependent on the United States
The US doesn't need to satisfy global demand. It can ban oil exports as it historically has done and spike domestic production in the United States. In fact, making the US a cheap oasis of energy while the rest of the world has expensive oil makes the US a far more competitive place to do business