surveillance capitalism and oil Oil storage constraint is a mirage. Theres millions of miles of gathering systems that easily cold be converted into temporary storage for oil .The bottleneck is a regulatory one not a physical one.
This isnt expended uranium and it aint hydrogen sulfide.
Oil will rally when the bubble in surveillance capitalism is revealed and properly understood by citizens as the sellout of our behaviours by our banksters . The nasdaq surveillance bubble needs to be pricked in order for bread and butter economy to be recipient of funds flow from all the momentum
When surveillance capitalism is shorted oil flies
Right now - the reason Nasdaq is on all time highs and energy all time lows is because the monetization if surveillance data continues unabated from covid . In fact arguably new govt controls actually expand surveillance . Google Msft Facebook all monetize our data in ways we aren't even aware of and this is where their black box valuations of trillions emanates from -
however - at some point we get tired of being their cattle call . We pushback demanding transparency of the data they are collecting and selling out . We pushback on all the shenanigans and secrecy . Maybe some anti surveillance bellweather emerges . The bubble in surveillance of he citizenry comes to an end . And then other sectors - like bread and butter energy - can benefit . I for one are 100% aware of data monetization and wish there was more I could do to prevent it