Stock market collapsing

There isn't any demand destruction to speak of yet. That'll come soon. Right now everyone still wants that $5 gasoline and the trinkets at the store from China, but they're getting more and more expensive due to shipping and manufacturing costs. Because of the increase in the price of energy. Eventually, they'll come to realize that stuff is too expensive, but rich folks will keep consuming even with elevated prices. So the demand isn't going anywhere. It's all a supply question the way I see it, and how much the price will go up. How fast people reduce their energy footprint etc.

nice thread! WED CARSH!? ....TUNE-IN @3PM EST! HOO - WAH! UH..

We're experiencing a realization about what is valuable. Turns out what's most valuable in a first world monetary based society is EASY access to AFFORDABLE ENERGY. All that stuff in walmart and target is being revalued based on the cost of energy, pricing a portion of the population out of the market for the products and services. It's not an accident. It costs more (energy / money) to extract energy resources from the crust of the Earth than it ever has in history. The easy energy has been extracted. Now, the companies that do the extracting need a price a lot of citizens cannot afford to stay in business. Keep in mind those "profits" they make have to be re-invested in future projects, or flow rates (supply to market) decrease rapidly. That's part of the reason energy has become so expensive. A LOT of investment capital went to projects trying to glorify electrons as an energy source. Investors moved money out of conventional (hydrocarbon) energy into wind mills and solar panels. Now we are seeing the return on those investments. The investment capital for future (todays) production went to "electrify America" projects that don't even provide a fraction of what it takes to run a first world society. So here we are. With an energy supply deficit due to the average investors inability to understand the difference between the energy density of electrons as compared to hydrocarbons. It's like comparing a belt fed machine gun to a water pistol. They're not even in the same category. It is my assertion that the average American is about to decrease their energy utilization by a lot. Whether voluntarily due to concerns for the environment, or due to a lack of available/affordable supply. But that is going to be theme moving forward as best I can tell.

So peak Oil was right just off by 3 decades. Ok maybe but if that's the case why kill fracking? The consequences of peak Oil are far more devastating than the consequences of the environmental impacts of fracking.

bruh i love you. literally for years ive been saying all of the big things that are happening are all about oil. nothing more.
from global warming, lockdowns, shipping issues, travel restrictions etc.

CONGRATZ OP ON THE ''HARD RED PINE''!!

LOW FOR THE DAY 31,869

SO FAHR.....UH.

Chineses are pulling out their money out of the West, before Xi takes over Taiwan, there will be no Chinese funds to freeze or steal by the western bankers when the war will be on.