It's the when the price is right bit that concerns me, it's just as relevant to fuel costs. A new and i think unacceptable benchmark has been set for a barrel of crude, and it's going to be difficult to backpedal on that. In the bigger scheme it's probably just another sideshow in the circus of decline.kenneal - lagger wrote: ↑16 Aug 2022, 14:39 According to classic economists, Mr B, the market will provide in one way or another when the price is right.
OPEC's long term plan
Moderator: Peak Moderation
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mr brightside
- Posts: 589
- Joined: 01 Apr 2011, 08:02
- Location: On the fells
Re: OPEC's long term plan
Persistence of habitat, is the fundamental basis of persistence of a species.
Re: OPEC's long term plan
The obnoxious but accurate RGR believed that we should stop wasting oil by burning it and use it as a feedstock for manufacturing industry. He was right, even when we substantially replace oil as a fuel it will still have very many uses and much value. If we can wean ourselves off our throwaway culture we can continue to exploit oil reserves with a clean conscience.mr brightside wrote: ↑17 Aug 2022, 12:20It's the when the price is right bit that concerns me, it's just as relevant to fuel costs. A new and i think unacceptable benchmark has been set for a barrel of crude, and it's going to be difficult to backpedal on that. In the bigger scheme it's probably just another sideshow in the circus of decline.kenneal - lagger wrote: ↑16 Aug 2022, 14:39 According to classic economists, Mr B, the market will provide in one way or another when the price is right.