not sure that explains why saudia basically halved oil production in 2019 or north sea oil peaking in 2004 and now all but at zero production.
Saudia Lying about their oil reserves seems a lot more plausible to me.
Saudia Lying about their oil reserves seems a lot more plausible to me.
The port of LA had a queue of container ships 40+ deep waiting at sea unable to unload for weeks ~a month ago. Are you going to say peak oil caused that too? It's not like those ships were out of fuel.
Im saying the whole thing smells like an oil crisis.
But yeah, downvote me for thinking just maybe there is a lot more to this story than we are being told.