Quote from: K-Dog on Dec 26, 2025, 04:54 AMQuotemore an economic one than a supply one.
Yes what is going on now does not have to do with the inevitable decline in long term supply. What is going on now is about who can control the short term supply and price.
And this has been the game since shortly after Drake began producing oil. Once there was competition, there certainly were short term price maximazation games. Same applies to apple producers and tire manufacturers.
Amusingly, peak oil also has an economic component, but DAMN did any of them ever want to talk about it, as compared to just pretending that the past predicts the future in the shape of a bell shaped curve.