Bernd
07/09/2022 (Sat) 15:03:03
No.48233
del
07/09/2022 (Sat) 15:03:03
No.48233
del
>>48231
The US can't supply enough and it also is a huge vulnerability as well. If oil prices rise too much it's not impossible that the US would disconnect their oil form the global market to stabilise domestic oil prices, which would do the opposite for the rest of the world.
Apparently the shale boom is reaching terminal velocity as well, I heard somewhere that all the easy to access oil had already been tapped or is being tapped, so new projects are going to be much more expensive and have a smaller return on investment.
The US can't supply enough and it also is a huge vulnerability as well. If oil prices rise too much it's not impossible that the US would disconnect their oil form the global market to stabilise domestic oil prices, which would do the opposite for the rest of the world.
Apparently the shale boom is reaching terminal velocity as well, I heard somewhere that all the easy to access oil had already been tapped or is being tapped, so new projects are going to be much more expensive and have a smaller return on investment.