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0 pointslogifail2y ago0 comments

> Can the companies & countries addicted to massive oil profits cut production quickly enough to stabilize prices?

If you look at the Brent Crude (oil) price chart and zoom out so you can see the last 10 years it's definitely not showing any sign of a long-term downward trend.

https://www.google.com/search?q=brent+crude+oil+price

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bryanlarsen2y ago

Yes, price goes up when demand goes up. What's going to happen when demand starts going down?

j / k navigate · click thread line to collapse

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bryanlarsen2y ago

Yes, price goes up when demand goes up. What's going to happen when demand starts going down?

j / k navigate · click thread line to collapse