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PeakOil is You

PeakOil is You

Let's Discuss Peak Oil For A Change

General discussions of the systemic, societal and civilisational effects of depletion.

Re: Let's Discuss Peak Oil For A Change

Unread postby theluckycountry » Tue 05 Sep 2023, 17:43:33

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theluckycountry
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Re: Let's Discuss Peak Oil For A Change

Unread postby theluckycountry » Tue 05 Sep 2023, 17:57:51

Suck it up old Fool!

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Oil Soars To New 2023 High After Saudis, Russia Surprise With Extended Production Cut


... moments ago oil exploded higher after first Saudi Arabia and moments later Russia surprised markets by announcing that the recently implemented production cuts would be extended through year-end, well beyond the 1 month that was widely expected by the market.

https://www.zerohedge.com/markets/oil-s ... uction-cut

Sounds like a coordinated effort to me, a cartel in action, the BRICS-saudi cartel, There is an old threadbare saying repeated over and over on the web, but I thinks it's appropriate here.

"And so it begins"

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theluckycountry
Heavy Crude
Heavy Crude
 
Posts: 1522
Joined: Tue 20 Jul 2021, 18:08:48
Location: Australia

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