Seems people think this war will go on for a long time and it might but to think oil prices will remain high might not be wise. Higher costs open up different alternatives. New pipelines could eventually be built that do not rely on the Strait.
Posted by Solid-Mood9571
4 Comments
True, but building new pipelines takes a long time, years.
It’s not easy to just “build new pipelines”. If it were, they would’ve already built it.
This take is why the market is fucking doomed.
Yes, in Venezuela.