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The Forum > Article Comments > Emerging market meltdown could undermine oil rally > Comments

Emerging market meltdown could undermine oil rally : Comments

By Nicholas Cunningham, published 5/6/2018

The evidence is growing by the day. Turkey's currency, the lira, has lost 20 percent of its value over the past two months. Argentina is seeking a bailout from the IMF.

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Look like the Trump tax reduction Tyranasurous economic and economic isolation model is already starting to bite?
Anyway, why do we need oil or to import any portable energy! When we own cheaper more reliable endlessly sustainable alternatives.
That includes endlessly sustainable biogas, which when scrubbed will run almost any suitably tune internal combustion engine. Diesel or petrol!
Or currently prohibited MSR thorium and energy as cheap as 2.98 cents PKH.
Without question, the trade war will escalate and include carbon bae tariff barriers that will hurt dumbed down, coal-fired, fossil fuel economies the hardest!
Suggest you cash in all your oil stocks and replace them with lithium miners!
Alan B
Posted by Alan B., Tuesday, 5 June 2018 11:52:57 AM
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