  An analysis of the energy spectra of cosmic rays and particularly the precise
data from the AMS-02 experiment support the view about the important role of
the Local Bubble in the nearby interstellar medium. It is suggested that the
bulk of cosmic rays below about 200 GV of rigidity (momentum/charge ratio)
comes from the modest number of supernova remnants in the Local Bubble which
appear to have occurred some $10^6$ years ago and contributed to its formation.
At higher rigidities the contribution from a 'Local Source', a single supernova
remnant generated some $10^5$ years ago seems to dominate up to, at least 1000
GV.
