Economic observers foretell another recession.

Ec--comical----Choose-btn-Inflation-or-recession----via-ZH-- The Federal Reserve's dilemma.

In recent days, observers have begun to opine that another economic recession is imminent. 

     For example, Elon Musk not only claimed that a recession draws near, but, ominously, thinks that it will likely be protracted, lasting until the Spring of 2024. Musk offered very little rationale to support his conclusion because his remark was but a tweet.

     Famed economist Nouriel Roubini then added his two cents.

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Why oil's price is likely to rise substantially over the near-term.

Why oil's price is likely to rise substantially before March, 2023. Oil inventories in the USA as of early Nov., 2022.

The petroleum-watching commentariat (PetWatCom) continues to forsee nothing but price increases in the near-term. Eric Nutall's tweet had received nearly 700 "likes" as of 8 Nov. 2022, and it had received very little disagreement, at least on Twitter.  Others offered similar reasons for a likely price increase.

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