$380 oil, what would or won't it do
J.P. Morgan sez
Global oil prices could reach a “stratospheric” $380 a barrel if US and European penalties prompt Russia to inflict retaliatory crude-output cuts, JPMorgan Chase & Co. analysts warned.
The Group of Seven nations are hammering out a complicated mechanism to cap the price fetched by Russian oil in a bid to tighten the screws on Vladimir Putin’s war machine in Ukraine. But given Moscow’s robust fiscal position, the nation can afford to slash daily crude production by 5 million barrels without excessively damaging the economy, JPMorgan analysts including Natasha Kaneva wrote in a note to clients.
John Kerry: Green Transition Will Be Bigger Than The Industrial Revolution
ByHaley Zaremba- Jun 15, 2022, 2:00 PM CDT
The global green energy transition could be the largest market the world has ever seen according to John Kerry.
Rapid decarbonization of the world’s industries and economies will require global cooperation and innovation on an unprecedented scale.
“We have to embrace this transition which will, in the end, I guarantee you, be larger than ultimately than the Industrial Revolution was.”
1,000 experts from the World Economic Forum’s ‘Global Future Councils’ share their visions for 2025 in a new report released today.
The experts explored what the world might look like in 2025, and suggest how policymakers, decision-makers and the public can achieve these ‘positive futures’.
The report covers four areas where concerted action and change is required to drive progress: the economy, environment, society and technology.
And context: as the old technology now can profitably be destroyed we can reduce the population as well through vaccines and old industrial collapse, supply chains crashing, and a “Great Stride Forward.” What if whistleblowers are accurate and technology is deployed years in advance of commercial use and this lag in innovation has destroyed the Ancien Regime. And a tiny WEF claque gets the spoils and in 30 years 10G man colonizes the inner Solar System. https://www.military.com/video/aircraft/military-aircraft/tr-3b-aurora-anti-gravity-spacecrafts/2860314511001