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WSHazel

(921 posts)

2. The oil producers are getting more oil out than the market "experts" claim

Reply to nitpicked (Original post)

Thu Jun 25, 2026, 11:57 AM

Thursday

Oil is in the low 70's. A lot of these "experts", who are likely just really long the market, are trying to talk it up, but the supply is still OK and demand destruction is happening every time someone buys an EV or hybrid, or puts in a heat pump.

The biggest winner of the Iran War is the renewable energy market. Not only will renewables save the planet, they will save the global economy too.

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The oil producers are getting more oil out than the market "experts" claim WSHazel Thursday #2