I don't think you guys understand how bad it's about to be.
Libya shut down all Oil production.
1.1 Million Bpd to 0.
We get 100k from them per day, which is about 1% to 2% in terms of mainline consumption.
In reality this hiccup is closer to about 10% for consumer production.
eia.gov
twitter.com
Libya Shuts Down Oil Production
Other urls found in this thread:
politico.com
twitter.com
why did biden do this?
>Two years ago we had extreme surplus of oil
>So much so that the price literally went to the negatives
>Suddenly we ran out of oil
I know kikes will be kikes but this fucking pisses me off.
ohh thats why oil dumped today. thanks fren
Reason?
Houthis and SA have renewed their ceasefire. SA fill boost output.
Because of Joe.
Is this the jews?
politico.com
>Intervening in Libya was the wrong decision, Vice President Joe Biden said in a recent interview with Charlie Rose, suggesting that his worst fears and suspicions about what would happen once dictator Muammar Qadhafi was ousted have come to pass.
Joe wouldn't have done what Barack did.
Bunch of companies went bankrupt and refineries stopped working because of that event. Now that demand is back those refineries are still missing. Also why would an oil company spend billions to start back those plants or drillings if another oil crash could happen in a few years? Oil demand is past its peak, at least in the developed world, and likely it will be in the whole world during this decade, so they would rather invest in lithium mines and battery factories.
A long series of bad luck moments.
Fuck this year is looking grimmer than 2020.
Why do this? Do they hate money? Or is this a secret war where you try to outlive your enemies as you make them starve and kill themselves
>we used to be completely energy and oil independent under trump
We have two more years of this fucking senile retard
Wrong Joe.
i feel like Libya is gon get liberated and democratized again fairly soon
Give the conspiracy about food production and gas production plants being sabotaged I would say it's because they want to cause the great reset.
How could oil ever be passed its peak in infinite growth economies?
>we have two more years
Honestly, at this rate, I really don’t see people putting up with this for much longer. This isn’t wishful thinking either. We trending so fast towards desperation that there is absolutely no way this can continue without something happening to the current regime
these fuckers just say what the public wants to hear, Joe would have absolutely done the same because like any president he listens to his glowie handlers
>We have two more years of this fucking senile retard
six*
>Or is this a secret war where you try to outlive your enemies as you make them starve and kill themselves
in the land of the blind the one eyed is king or however the fuck that line goes
>Or is this a secret war where you try to outlive your enemies as you make them starve and kill themselves
It's not really a secret. Libya is in a civil war between the east and west part of the country. The east is winning but most of the world refuses to admit it and has been supplying & supporting the west. Almost all of the oil is in the east. Shut down that oil when everyone needs it and maybe you can get them to flip and support the east. Also the UN demands that they share the revenue with the west, which they don't want to do.
I drive Tesla. Get fucked oilcucks.
RUN MARTY. IT'S THE LIBYANS
Apologize
Based and burning to death in your carpilled
Just stop whining about Ookraine and buy Russian oil.
we are not allowed to ever have anything consistently good. The moment things are good, kikes jump on it like fucking leeches
So should stock up on gas now? just how bad are prices gonna get?
he would have done the exact same
he was vice president at the time, and had ample opportunity to resign in protest if he cared about it
Imagine if you could murder a great man in cold blood and 8 years later say 'oops'. That's who you voted for, the man who supported killing one of the few based nationalist world leaders. Fyi, Libya had multiple ways for students to pay off their student loans without interest.
Reminder to all non-sex-havers in this thread.
Trump lost
2 more years, seethe and cope, incel trannies
so prices should only go up by 1-2% but theyll increase them by 2-4% just to fleece the cuntsoomers wont they?