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yes demand had plummeted  , but so had supply BEFORE the virus  , Venezuela , Nigeria , Libya , Syria , Iraq ( and sanctioned Iran )   the global economy had destroyed a lot of redundancy  even before Trump was elected in 2016


 and many folks get very nervous about things going wrong  without a safety net  , did they over-react probably , everyone is busy lying about the figures ( national security , you know ) , most can only make educated guesses


 have we an oil shortage now , or is the oil in inconvenient places ( like South America , Africa  and undeveloped  deposits )


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