my favorite bit is that since the prices have been kept artificially low it’s not profitable for anybody to increase extraction despite the looming shortage
honestly it’s not even clear that it would be possible to do it in such a short period
The best thing they could do on short notice is stop fuel exports.
They won’t lol
yup
Even if not, increased prices would lead to at least some demand destruction in the short term and midterm they could have some level of reduction of dependence on fossil fuels, even if just a small amount, but that’s probably the thing they’re most afraid of happening in the mid-long term. So much they’d play chicken with a worldwide energy crisis in hopes something will happen to bail them out.
Western leadership runs on pure manifesting at this point.
most. efficient. system!
Is trump about to find out what happens when you fuck with the money, or is this just yet another market crisis that will funnel money upwards?
No I suspect this time the rest of us are going to find out what happens when Trump fucks with money
If he actually fucked with the money I believe he would find out tbh. More likely that like every other crisis it will be used to enrich the wealthy:/
I expect it’ll be the latter
