There are a lot of changes coming with respect to oil.....mostly, concerning the negative demand metrics working their way into consciousness of the masses and subsequently markets.
We've learned that oil as a weapon of extortion, by them who did use it, have all been taken down several notches. If oil is your hope....learn to pray to someone else. Any current or near term attempts to return to the old view, will place you on the wrong side of something your momentum does not understand.
Oil as a reason to war...ludicrous, compared to 15 short years ago when everyone was locked into that dumb and dumber paradigm.
Almost everyone knows now, there never was scarcity of oil, but systems sensory organs used scarcity, at its whim by routine, to wash rinse and repeat bad behavior, in service of perpetual contrivances.
Oil demand for transportation has peaked. Natural gas, fuel cells, batteries, alt chemistry, will all take share from oil, in transportation applications.
But most important is the impending arrival of quantum economics, where everything will be overturned in stages. |
