fantom19.bsky.social
👤 Joined on 17 November 2024
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That's not a counterpoint to what I wrote. The post you quoted is about the past ("why oil didn't go to $200") while the argument I made is about the future (the supply-demand mismatch could still happen as reserves run out while Hormuz is not fully open).
Show PostYou know the big energy crisis many worried about after Iran blocked Hormuz, the one that'd come when oil reserves run out and there isn't enough oil on the market to meet global demand? The crisis that politicians, media, and markets are now treating as averted? Decent chance it's still happening.
Show Post'*May* be?' God Almighty, Barry's gotta stop being so goddamn polite.
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