$25 Oil Is Coming and It'll Bring a New World Order
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Re: $25 Oil Is Coming and It'll Bring a New World Order
#2I am extremely doubtful because also means LNG will half current price and at these prices it makes very strong economic sense to generate an awful lot more electricity with LNG (or liquid fuels for that matter), so this will put a floor under the price way before $25.
These reports usually consider the open loop scenario without the closed loop effects and the adaptability of humans, especially where there is a profit to be made.