No colaterial damages
Timely global stimulus for net consumers.
“Huge geopolitical implications. Timely stimulus for net consumers. Catastrophic for failed/failing petro-kleptocracies Iraq, Iran, etc - may prove existential 1-2 punch when paired with COVID19.”
?$20 oil in 2020 is coming,” Ali Khedery, formerly Exxon’s senior Middle East advisor and now CEO of U.S.-based strategy firm Dragoman Ventures, wrote Sunday on Twitter.
cnbc.com
Governments that subidize fuel will have a big break. Uber drivers, Airlines, Africans cooking with Kerosene, Thermal Diesel-fired power plants, Amazon supply chain, sea freight shipping you name it,
I see it as a huge tax cut for the global economy. Bob Furman is fuel his big SUV for Summer months cheaply
Owners of private jets are clapping their hands too, |