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There isn't enough demand to burn all reserves, and nobody will burn oil for fun - it's quite expensive. Someone will be stuck with stranded assets, and current
by throwaway473825 2y ago
There isn't enough demand to burn all reserves, and nobody will burn oil for fun - it's quite expensive. Someone will be stuck with stranded assets, and currently it looks like it will be the Saudis.
- nixnixers 2y agoThe cost of all sorts of energy extraction methods have steadily dropped over time. Oil would have to be politically stranded forever, which doesn't fit the 1984 like political flows of the current world.