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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 abo
by DarkmSparks 5y ago
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.
- pengaru 5y agoYou're the only one talking about oil, I never said it explains anything related to oil. TFA makes absolutely no mention of oil, you're completely off the map. 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.
- cinquemb 5y agoI doubt it would be like that if all the bailoutistan operations hadn't happened or the global lockdown olympics in response to something that has become endemic.
- DarkmSparks 5y agoIt mentions "lack of transportation issues" It doesn't specify the cause, you know what causes transportation issues in New Zealand? 5 year high oil prices and no sign of increasing production with north sea oil down from 10mn barrels a day to 1mn a day and Saudia oil production down from 20s to 10s. 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.
- satronaut 5y agodon't forget how the biden administration is kneecapping domestic oil production because of politics