Thought this was an interesting piece of analysis from the folks over at Oilprice.com, an industry publication focused on investors and oil execs. TLDR is they are suggesting 200$ per barrel oil is realistic based on the damage being done to energy infrastructure and Iran’s ability to restrict oil traffic.
Note embedded link is to the archive.is version.
I think this is a critically important point. The contradictions of capitalism are becoming clearer and more and more folks will awaken to them as the situation deteriorates. It’s important that we do our best to prepare the ground now. If things go the way they seem to be going this will be a fantastic opportunity to disrupt and oppose the forces of global capitalism.
You had me in the first half, I’m not gonna lie 😂
Has anyone seen any independent corroboration for this? I’ve been looking and having seen anything.