Discussion in 'Current Events' started by Wrong, Mar 18, 2020.
Oil prices could fall below zero: Analyst
I’ve actually been thinking about moving away from stock market index funds that include oil-based US energy companies. Oil prices are way too low for them to be able to pay some big debts they’ve got coming due over the next few years.
Oil was down under $25 a BBL.
It was only 11 yrs ago that it topped over $100 a BBL.
NO airlines = no big demand.
Russia is playing games.
Yes. One they are well prepared to win.
The Inevitable Outcome Of The Oil Price War | OilPrice.com
It's about time for a real war.
I could see the US government buying up that industry and holding it. Yeah, yeah, I know. Communism blah, blah, blah. But in this instance, I’m not sure the US oil industry can afford to compete. On the other hand, US national security seems to now demand robust domestic production.
oil is living on borrowed time. electric cars are coming
Yea, they only been out since 1960. You'll see electric cars when we run out of oil.
I see electric cars now?
I am talking about mass production.
mass production is here?
Wars over oil will be a thing of the past, soon we'll be fighting over rare Earth elements.
Ok. How do we charge the batteries? s want to get rid of the electrical power supply grid.
I know what they say but really, how? In there dystopian world view, you walk everywhere,
smoke weed and rainbows and unicorns....Unfortunately, that doesn't feed your family. So,
electric cars? Really, how?
Wut? Who’s seriously advocating eliminating the grid? Bizarre straw man argument.
Pandora's box. Hopefully I'll outlive the consequences.
The can just keeps getting kicked down the road but eventually the piper will be paid.
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