Originally Posted by
Trip7
“The oil market has passed the breaking point. The onslaught of oil inventory draws coming will shock the market awake. I suspect that only when financial players see the physical shortages playing out will they wake up to the reality that this supply outage is real. Until then, most people will not be able to accept the reality.
It is what it is.”
https://open.substack.com/pub/hfir/p...utm_medium=ios
That's a horrifying article clearly written by someone with deep expertise in the industry. He projects a shock 4X worse than what covid did to global energy.
But until US airliners get parked en masse, and nonessential travel is banned , and half of us are out on furlough, the usual cheerleaders will just accuse us of hysteria. I hope they're right. But that article is factual, insightful, and impossible to ignore.