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This Is the Worst-Case Scenario for Oil Prices
(nationalinterest.org)
worst case? or best case?
it’s certainly the funniest case
Oh no! Not another worst case scenario in my lifetime! What are the odds!?!?!?!
lost already 180 millon barrels (against 400 million release, allegedly, so 14 days left until they are forced to tap them again lmayo, total availability is around 1 billion, with 10-20% being very dodgy to get out, not to mention that's apocalypse scenario for harvest).
oil futures 12 months out at 76 bucks, so whoever wanted to sell into it (russia/nigeria/usa) already gotten their money worth whatever happens tomorrow.
#roadto300 if this shit goes on for a month without changes
lost already 180 millon barrels (against 400 million release, allegedly, so 14 days left until they are forced to tap them again
Not quite how it works. Because even thought they're releasing 400m, their release capacity, I heard, is only 2m a day
Those idiots in their big trucks who mock dudes like me for driving a prius are definitely crying rn
Feeling great about driving an electric. Charge station price over the last few weeks still 30c on the kw.
Might go up still but for the most part? 
30c/kWh?! Damn, I'm used to 10c/kWh in Spain (home supply, idk about electric charging prices)
The chargers are are usually 3-4x what home prices are. Makes it about as costly as driving a 30mpg car, around me at least
My home electricity is about 13c/kwh, but that's definitely on the cheaper end in the US empire. The faster the charger the more expensive they are when you're oot and aboot
I see, thanks! Hopefully we get huge solar farms to make electricity cheaper and abundant
Yuh I think home supply for me might be more like 20 on off peak but the utility company where I live is evil like that : /
Still like 30-50% cheaper than gas for me though. Its a crazy world.
10c/kWh sounds like a dream though damn lol
Line go up
It would be so fucking funny if Amerael attacking Iran was the small domino that eventually resulted in the collapse of the global fossil fuel industry.
hopefully along with the collapse of the burger reich
Without fossil fuels the US empire will fall.
But somehow anyone advocating to be less reliant on oil will always be looked at like they have two heads. We didn’t pick a minority to blame like normal people, after all!
The current crisis might actually get countries to become serious about transitioning to renewables and nuclear.
The US will more likely confiscate all instances of these woke technologies and imprison the blue hairs who own them.
Oh the US is pretty fucked, but there's some hope for the global south now.
I bet whoever fucked that up will get fired!...
Oh... maybe Iran will fire them
Who knew blowing up the refinery in that PS2 Transformers game would have consequences 😔
this post was submitted on 15 Mar 2026
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