Re: I told You So
Originally Posted by
OldGreyFox
->
Forget all this nonsense about burning fossil fuels and global warming, this is the real reason.....The life blood of the modern world and it's running short....Despite what they tell you.
https://www.bbc.co.uk/news/business-51796806
From your link OGF it seems its the share price thats collapsed
not the oil price?
The oil price supposedly is controlled by supply and demand
which again is supposedly determined by auctions on the spot?
And the share price has little to do with oil price once again
supposedly?
I think you are correct that supplies are running out only in the
Atraditionally dominant producer nations like Saudi Arabia and
other arabic suppliers but so far this is being supplanted by new
oil discoveries and shale gas etc!
However supplies will eventually run out if humans manage to
survive long enuogh??
Donkeyman!