Quote from: RE on Sep 14, 2024, 04:49 PMLooks like the traders are siding with the EIA and betting against the House of Saud predicting an Oil Glut and low. low prices for gas every day at your neighborhood convenience store. Perhaps they'll escalate the wars to boost prices.So finally peak oil 6 years ago FINALLY has generated some good, if counter-intuitive results? Doomers should be cheering on the burning of fossil fuels at yet higher volumes and lower prices because it will accelerate the climate change which might finally cause doomer wet dreams! Climate wet dreams though, as opposed to political, oil or societal based dieoff though, climate change not being particularly sexy in the sometime between now and the end of the current century.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Net-Short-For-First-Time-in-History.html
Oil Net Short For First Time in History
RE
- Peak Oil 101
Started by TDoS Sep 15, 2024, 07:21 PM
Message path : / Planetary Material Conditions / Peak oil / Exxon Joins OPEC in Warning of Looming Oil Supply Crisis #5
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