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The one indicator OPEC must watch : Comments
By Nicholas Cunningham, published 13/12/2017The target is to bring global oil inventories back down to the five-year average.
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#1/ Including lithium and cobalt mining and production. The scaled up production the world over of new generation of batteries and fully charged in thirty seconds, super capacitors!
#2/ Australian private electricity suppliers looking at molten salt thorium modules, along with a range of other alternative cheaper energy prospects?
#3/ Moreover, the world's leading Bankers, no longer fooled by the mountains of Russian sourced misinformation! Now on the public record saying as memory serves, they will phase out all new bank sourced investment in oil, gas or coal by 2019.
#4/ Or a similar statement from China really getting into mass production of affordable electric cars, in their literal millions.
#5/ Their intention to completely phase out, conventional combustion engine production by 2020!?
How much writing on the wall must there be before these morons get the message! That their captive market business model is a thing of the past! And that their only recourse is to ramp up production/compete for a shrinking on all fronts, market share!
Understand morons, reduced production can only ever speed up all the above!
So, gather ye rosebuds while ye may!
Alan B.