A well-known oil hedge fund manager said that $300/barrel oil is not outside the realm of possibility. And that fears about electric vehicles could, paradoxically, drive oil prices up by discouraging investment in new supply. https://www.bloomberg.com/news/articles/2018-04-30/oil-hedge-fund-manager-andurand-says-300-oil-not-impossible … via @JavierBlas2
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Replying to @conorsen
Ah, that's interesting. So fears of obsolescence causing premature shortages.
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Replying to @conorsen @TheStalwart
Perhaps because you're a journalist looking for a new career
1:23 AM - 3 May 2018
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