It will be interesting to see just how high the oil price will go. Today's price is @ $66, still well below the $80 or so where the economy starts to break. No reports of shortages yet. So far the missile action from both sides has been more terroristic than strategic. They've been hitting population centers rather than oil production and distribution infrastructure. So far no reports of any tankers being sunk. Have to see how it evolves.
RE
- D-Day for Oil in 2025?
Started by RE Jun 23, 2025, 07:03 PM
Message path : / Planetary Material Conditions / Peak oil / D-Day for Oil in 2025? #46
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