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    D-Day for Oil in 2025?

    Started by RE Feb 05, 2024, 11:27 AM

    Message path : / Planetary Material Conditions / Peak oil / D-Day for Oil in 2025?


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    RE

    • Administrator
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    • Chief Intellectual Dry Humper
    • Posts: 1,751
    Feb 05, 2024, 11:27 AM
    OK, this is not coming from a Peak Oil nutter.  This prediction from the CEO of Occidental Petroleum.

    The question is, who will take it in the shorts?  How will the oil be divied up by country?  What will happen to the price?  Will there be a bidding war?

    https://www.cnbc.com/2024/02/05/oil-market-will-face-supply-shortage-by-end-of-2025-occidental-ceo-says.html

    Oil market will face supply shortage by end of 2025, Occidental CEO says

    RE

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