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While I agree with you that following the money is best practice, there should only be a movement in price if the final agreement is significantly different to
by danieltillett 11y ago
While I agree with you that following the money is best practice, there should only be a movement in price if the final agreement is significantly different to what was expected on Friday.
In regards oil the big producers are already flooding the market to try and kill alternatives. If something scares the likes of OPEC more than anything else it is cheap renewable energy. Wind and solar are getting very close to knocking out everything else at an oil price above $60 a barrel.
- gdubs 11y agoArguably, cheap oil might exactly what clean energy needs right now, since environmentalism is a tough sell in bad economic times. (Paraphrasing Stewart Brand here...) Trouble is, right now cheap oil hasn't been boosting the economy the way it usually does.