That's all well and good, but what are the consequences of having the oil market crash, presumably reducing the demand for petrodollars (does that make sense?), at a time when we are also pumping trillions of dollars (inflation?) into the economy, with minimal purchasing?
To be honest, crude oil is kind of yucky & messy, and if I had a bunch of it just sitting around in my backyard, I'd pay a fair amount for someone to take it away....
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Well, if you put it like that, it sounds kinda bad?
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Holding inventory is an expense.
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Then one day he was shooting for some food, And up through the ground come a bubbling crude (Oil that is, black gold, Texas tea)
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Oops that version of the lyrics was wrong, this ones better "shootin at" not "shooting for" A poor mountaineer, barely kept his family fed Then one day he was shootin at some food And up through the ground came a bubblin' crude Oil, that is Black gold, Texas teapic.twitter.com/lLQnKmuoV5
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Not Beaufort Sea crude oil. I once had a wee bottle of it. It's beaufortiful stuff. Not in production though.
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Tell that to the Canadian Government while we try to clean up nature's oil spill in Alberta.
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I’m trying to keep my mouth closed on that, BUT, we don’t need oil anyway.
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That's sure the way how the oil lords/countries think
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But it has electrolytes!
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