RE:The question of $100 oil is only WHEN It will happen when our alien overlords order it to be so. Unless we all wear tinfoil hats. 2025 or 2030 I don't know man, I don't buy green bananas.
lovehockey wrote: Is it this year?
Is it next year?
Is it by 2025?
Is it by 2030?
Transition to EV's is choking. Tesla sales in Europe are collapsing, people learn that the range anxiety is real, the charge network is only somewhat accessible in larger cities, people finally understand that turning heat on kills the range where in ICE vehicles it doesnt, to build a proper infrastructure to support charging will cost trillions of dollars that will come out of our pockets, price of EV's and similarly equiped ICE vehicles is not even remotely close, price of charging can skyrocket any time. All of this is a wake up call that our reliance on the OIL is only going to increase. We have gone through a period where oil prices were kept artificially low but now this will come to an end.
What do you guys think? I think 2022 we for sure will see $100 WTI.