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The Larry Kudlow Show July 29 2023

The Larry Kudlow Show

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The Oil Stock Market Is Down 13% From a Year Ago

The oil rig count is down 13% from a year ago to 664 by the latest count. There's not enough investment in the oil patch, and fossil fuel companies have been taboo on Wall Street. You're seeing breakout in energy stocks across the board. And look at the stocks of Carnival Cruise Lines, Royal Caribbean Cruise Lines; all these travel-related stocks.

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