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    - D-Day for Oil in 2025?

    Started by TDoS Sep 15, 2025, 04:12 PM

    Message path : / Planetary Material Conditions / Peak oil / D-Day for Oil in 2025? #51


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    TDoS

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    Sep 15, 2025, 04:12 PM
    Quote from: K-Dog on Sep 15, 2025, 12:33 PMTrump certainly has changed the situation.  Trump lets the horses run.  The short term situation certainly has changed.

    If oil prices continue their downward trend since he came into office, the horses won't be running with increased steel costs because of tariffs and less revenue available from each barrel produced.

    Peak oilers were always claiming the result of peak was skyrocketing prices because they didn't understand supply/demand/price, and then global peak came along in 2018 and prices haven't approached the bad old days of 2008 at all. It isn't a surprise the topic has dried up and folks are afraid to jump back in the oil-ignorant waters.

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