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We had record oil production in 2023 and oil prices haven't moved that much. The dream that fuel prices are going to be cut in half in one year is just a dream.Regardless of whether we can refine it here or not, the oil prices are set on global markets. We would have to dump a lot of oil on the market to make even a small difference in price.
Even if the fuel prices were cut in half for 2026 how much would that reduce rents. The answer is likely zero. Rents will continue to rise until they can no longer find people who will rent the units.
