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That last pane though 😁
😂
How are you going to rebuild cities without diesel for construction machines? Prices go up because oil gets scarcer, and that will affect a lot of things.
Oil gets scarcer because the oil cartel decides to lower production, not because there’s a real scarcity. ARAMCO’s exploration + extraction cost is around $5 per barrel and they sell at $120.
There are many reasons, including sanctions on Russia, Venezuela and Iran. Saudi Arabia is also losing the war in Yemen, so they are in a difficult position.
You know all those soybeans we grow for export? Use them for biodiesel instead of soy sauce.
Nuclear powered electric construction machines?
Or, more realistically, hydrogen.
