$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.”

The WEF

• 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