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Strategies & Market Trends : The Aristocrats (tm)
NNVC 1.240-1.6%1:21 PM EST

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To: sense who wrote (3476)3/9/2022 7:31:51 PM
From: sense1 Recommendation

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pak73

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A Bad Joke Never Gets Better: IEA Ready To Release Additional Oil From Reserves As Prices Surge

Using 60 million barrels from storage... is a day and half of consumption... ie., a TOKEN effort... that RAISES the risk of running out in a real emergency... which grows increasingly likely in wartime.

The only possible solution to the problem... is to produce enough YOURSELF to meet your own demand...

And, that's not possible... without 1. actually trying to replace production being lost with that you control, and... 2. having the time required to restructure both the production AND the supply chains required to deliver supply from where it exists to where it needs to be... BEFORE you need it.

The failure to plan we see... appears it is the plan... Failure is the preferred option... it seems.

Oil will be going higher again... SOON... as rhetoric surrenders to reality in a suddenly reduced supply... that cannot be replaced without the supply AND the logistics required to replace it...
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