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Wednesday, 05/11/2022 10:00:57 AM

Wednesday, May 11, 2022 10:00:57 AM

Post# of 870
Joe Biden and the Dems are likely to be in trouble this November because of inflation. The administration could reduce inflation by once again opening up America to drilling, pipelines, and exploration. Their solution: Producing more biofuels --- news flash, we are already experiencing food and supply shortages.

Dividend stocks are a hedge against high inflation, and Enterprise Products Partners is a high dividend stock. If you think fuel prices are high now, just wait until the summer driving season starts. People have been shut in their homes for a couple of years because of the pandemic --- the question is will they continue to stay at home because of inflation? I don't think so. People need to get out and start living.

In my opinion, the lack of investment in the oil and gas industry will eventually lead to a oil and gas industry super cycle --- a cycle that we are only just beginning to see. It looks to me like EPD is a great place to be, and shareholders are actually paid to be here. My two cents for what that is worth.
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