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The worst is over for oil markets : Comments
By Nicholas Cunningham, published 27/11/2019While a lot still depends on the outcome of the US-China trade war and the 'partial deal' that the market still believes is likely, recent streams of data have tamped down fears of a recession.
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And because of a myopic focus on a very short term future, where for them, nothing is more important than an upward profit curve!
I live for the day when some boffin will have finally invented a thorium powered car, that will then run for 100 years on around 8 grams or less of the most energy-dense material in the world!
In the interim the rollout of electric vehicles can continue apace, their range limitation completely eliminated by the rollout of graphene highways.
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And energy exports sent anywhere as raw electricity generated in MSR thorium and transferred via undersea/underground, graphene cored cables.
And has to happen as the Geta lead mobility "market" revolts and votes with their feet!
I hope you like your oil with that? And Bon appetite!
Alan B.