Lol - you won’t believe #16 - click here!
OMGOMGOMG! We’re out of oil!!!!! Oh noes! Oh. Never mind.
I do want to know why gas prices have gone up so much in a matter of weeks.
The more oil you produce yourself, the less “disruptions” matter to you. In fact, if you are a producer, high prices are good. More investment, more projects, more people working. And all that flows from that,
The findings from the model indicate that the current disruption will likely cause prices to increase sixty-six percent at their peak. Roughly speaking, Brent will rise to between $114 and $126 per barrel.
PEAK OIL!!!! Is back?
one word “Speculation” this article is written for no other reason than to fuel the fire.
No disruption to speak of...it is already crawling back down ....a brief hiccup nothing more . How soon the media glosses over the HUGE finds within the last 12 months and they never get into the true nature of how this beautiful planet God made will always make more...carbon is carbon is carbon....
Paid 2.29 in Covington Louisiana today...Iran is getting squeezed and rightly so.
The horror!
The death toll from all opioids in 2018 - legal and illegal - was about 48,000.
48,000 is less than one tenth of one percent of the USA adult population - that is not an epidemic.
Also, almost 50% of opioid prescriptions are billed to Medicaid, the federal health program for low income persons and families.
Many of those prescriptions end up being sold, pill by pill, on the street.
Finally, 65% of emergency room visits for opioid overdose are billed to Medicaid.
Media efforts to portray this issue as a middle and upper middle class “epidemic” are completely false.
Oil’s about $13 below it’s 12 month high. (Brent’s about $14 off it’s 12 month high). Gasoline is $.25 a gallon off it’s 12 month high. And Natural gas is pretty close to it’s 12 month low.
LOL!
Re: Post #23
I wasn’t wearing my reading glasses when I scanned the headline.
I thought “oil” was “opioid.”
Wow! What an incredible goof!
He did not.
Should be just about in time for the introduction of the Hydrino-based energy system.
News: https://brilliantlightpower.com/news/
Demo of reactor operating:
https://brilliantlightpower.com/wp-content/uploads/video/Sept5-400.mp4
Peak oil!
The findings from the model indicate that the current disruption will likely cause prices to increase sixty-six percent at their peak. Roughly speaking, Brent will rise to between $114 and $126 per barrel.
x x x x x
That statement from the article above was written a month ago. Today Brent is 64.49 https://www.bloomberg.com/quote/CO1:COM and WTI 53.50 https://www.bloomberg.com/quote/CL1:COM this shows the risk of betting on oil prices.