Oil is dead

>This is a scam. There isn't a problem with oil shortage. The free market is just building more storage vessels and tanks, and oil storage companies are surging.

Not to mention the Russians and the KSA are trying to destroy Western oil markets, kicking us while we are down, during thiis war with the CCP. They are enemies.

>Future is solar
There's no money in solar, except in buying crappy panels from China and losing money on your investment. It's a meme and it will die.

With oil you literally have to pay for someone to take it out see OP

Yep, because of the fake storage panic.

>The free market is just building more storage vessels and tanks
"The free market" doesn't build anything. Workers do, and right now workers are up shit creek.
>There isn't a problem with oil shortage.
Not yet. First there is a glut, then the supply shock hits.

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>oil prices are low
>making renewables more comparatively cost efficient
HMMMMMMMM.

>1pbtid

lol I would love to see a major country commit to zero oil. Then we could visit there years later and it'd be like steampunk theme park.

no that's not the issue
the demand is crazy because the prices are low, so people are buying tons of it and there are bottlenecks in getting it to where it needs to go

Wasn't there talk about another oil/gas crisis in the near future? If anything this solved a lot of problems with obtaining it. Also no dishit this isn't the end, everybody isn't gonna give up their car becaus "muh renewables"

You have no logic.
Low price means it is out of fashion. And renewables cost much because they are like Gucci

Do you know how your computer and lights stay on, little boy?

Yes since oil is dirt cheap now we should use something more expensive...

>Low price means it is out of fashion
no it's that the Saudis stopped with the price fixing because they were getting a raw deal and have just started pumping it out and now there's actual competition
it's funny to me that you're rp'ing with a ruskie flag tho given the context

So I should be running my home on oil.

Holy fuck are you all braindead?

>Workers do
No, capitalists do. Workers simply do the work that the capitalists pay for. Quit with your marxist pseudo-intellectualism.
>Not yet.
Exactly, not yet. Everyone was screaming that storage was full when May futures closed in the negative. The sky wasn't falling, yet the oil markets imploded anyway. Fake News is out of control, but until now they've only been taking shots at politicians who have no recourse. Investors aren't going to sit idly by while (((journalists))) cause economic crises and cost them money.

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>Renewables is the future
take your meds schizo

The commies did show an economy can work without capitalists. Doesn’t mean it works well.

>The commies
Which commies? Because if I assume I know which ones you're talking about, someone will just shout me down that those weren't "real" commies.
>an economy can work
lol
>without capitalists
Just because the State owns, sanctions or plays gatekeeper to the capitalists doesn't mean there are no capitalists. The largest communist country on earth is propped up by exploiting international capitalism, and wouldn't function without capitalism.

>No, capitalists do.
When was the last time you saw a CEO pouring concrete?
>Workers simply do the work that the capitalists pay for.
Yes, workers do the work. That's what I already told you.
>The sky wasn't falling, yet the oil markets imploded anyway.
Because they can see the writing on the wall, dummy. Oil wells can't be turned on and off like spigots. How many wells are now capped or have ceased production? What will it take to get them to output again when demand rises?

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You know everyone is fucked to include you? What infrastructure is in place to replace oil?

Now that oil and gas are free, renewables are done for.

Solar and wind are shit, retard.

>when was the last time you saw a CEO pouring concrete
>when was the last time you saw the CEO doing something he can hire literally millions of anyone else to do
>implying workers aren't replacable
>implying oil wells can't be turned on and off
>implying oil won't go back up

I certainly hope oil is dead. No self respecting producer would sell live oil. Pipelines won’t accept it.

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Why everything runs on them and not on gay oil?

>Future is solar
Just not on Earth.

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Are you retarded? This makes no sense at all. Low oil prices means it will never recover

>when was the last time you saw the CEO doing something he can hire literally millions of anyone else to do
Money doesn't actually DO anything. It's just a special rectangle of paper/cloth or a number on a screen.
>implying oil wells can't be turned on and off
I didn't imply it, I stated it explicitly. You ought to go learn a thing or two.
npr.org/2020/04/22/839851865/why-the-world-is-still-pumping-so-much-oil-even-as-demand-drops-away

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Lets be honest, the gasoline fueled automobile is dead.
Major car manufacturers are deeply in debt (except Tesla) and are making the same mistakes over and over again.

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Solar is only good if you're off-grid, which in most cases you aren't.
The real future is 4th gen nuclear and hydrogen fuel cells.

>MONEY DOESNT DO ANYTHING
>implying every well is the same

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