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Oil supply

Started by K-Dog, Apr 08, 2026, 04:54 PM

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K-Dog

#60
QuoteBoth the attacks on Russian and Iranian Oil supply are being directed at the behest of the Oil majors.  They are only tangentially because of Ukraine's persecution of ethnic Russians in Donbass and Crimea or Iran's Nuke development program.  They needed to get this supply off line in order to raise the price enough to bring the unconventional Oil in the FSoA, Canada and Brasil up to a profitable margin.

INSIDECLIMATENEWS.ORG2026-07-10

Global Oil Demand Falls for the First Time Since COVID

The International Energy Agency expects demand to rebound in 2027, but analysts question whether the Iran war could hasten a long-term decline.


Depending on how you define behest I'll agree.  Passive-agressive behest can be as simple as doing nothing.



In fact considering that much of America is populated by moral zero know-nothings, many would agree that the oil companies doing this would be a good thing.  I do not.