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Like Saddam and Gaddafi for oil and feeding the military industrial complex. Sure Russia all the way

• AtlasBarfed 3y ago
  Oil isn't worth invasions anymore. We have shale oil in the Bakken, and EVs / alt energy / decarbonization will make it much less important. Think about if you'd fund a major new oil project. Most don't get going for 5-10 years, meanwhile there is an army of investment and forthcoming techs in EV batteries and perovskites in solar. A war is big money. Yeah, it's not the shadow corporation's money, but the Washington people do some math too, it will bring temporary high gas prices and war isn't popular. It's why all the "invade Iran!!!" stories have fallen flat in the last 4-5 years, they get laughed out of the building.
  • flextheruler 3y ago
    We’ve been a net exporter of oil since the 1970s, but global oil price is massively important. Think of how much is made and transported using petroleum. Your argument is missing how important oil price stability is to fuel consumer and industrial consumption.
  • 2Gkashmiri 3y ago
    you don't seem to remember the whole african gold dinar thing, right?
    • AtlasBarfed 3y ago
      I get it. The petrol dollar is the basis of global currency and trade and has been longer than we've been alive. When the value of oil collapses, and it will collapse: when not if, what replaced that? Batteries? In the near future it is likely that sodium and sulfur will be the fundamental ingredients of a battery 2x the density of todays. So there won't be nickel, cobalt or even lithium holding up EV scaling. Solar and wind isn't a shippable substance. Perovskites solar panels will likely be manufacturable practically anywhere. Energy/oil being intimately tied with economic and economic output made for a stable cross-cultural currency. Likely we will simply move back to food.