Replies to post #14341 on Viewer's Choice

[littlejohn]

Oil dynamics changed since early 1970s...

North America, U.S. and Canada. plus

Mexico are energy independent...

West Africa producers can supply most of

the needs of Europe...

So here is how it pans out...

China keeps getting all the cheap oil

from Russia and Iran that they need...

Other Asian countries get shafted by any

pumped up prices from Opec...

U.S. drivers only get shafted because the

money changers don't want folks to

know the truth, or it would be moot

to push for Middle East unrest...

Western money changers can't make

money off their oil price pumps if

reality is seeped out to the masses...

Ultimate crash will be much harder on

U.S. producers because Opec producers

already cut back for slowing demand...

It really shouldn't be considered safe to

fly anywhere if unrest picks up any more,

so airlines should see slowing first...

Other demand slowing trickles in more

if folks decide to slow spending...

More is less...

So we watch...LJ

[littlejohn]

BYD EV low cost line threatens gas burners

in China as they get cheaper...

https://electrek.co/2024/03/11/byds-new-lower-cost-ev-platform-crush-gas-powered-car-sales/#:~:text=BYD%20launched%20a%20price%20war,around%20%2411%2C000%20(79%2C800%20yuan).

Tesla might as well pull out of

China with the low cost competition...

If U.S. auto companies didn't have

such high cost corporate structure

built in they might be able to offer

a low cost EV...

It won't come from any current established

U.S. companies selling autos...

The prices on the newer, low cost

BYD autos really surprised me...

lol, wonder if seats are optional?...

So we watch...LJ

[littlejohn]

U.S. probably has a lot of men sweating

on vessels with Israel still jacking

their jaws as weekend ends...

this is an old article which is likely

very outdated on vessel counts...

https://www.jpost.com/middle-east/article-780294

The reply at bottom of post is what

you should read, interesting preview of

how they pillaged the EGP value,

which is probably a candidate for future

rebound to more normality...

If it doesn't rebound, then the whole world

will likely be in a clusterphock then...

Peon thesis as always...

Israel needs to quit acting like greedy

Jews and consider the needs of the

world commerce to rebound properly...

Iran can do a lot of harm if Israel doesn't

keep their peckers in their shorts...

Having others wonder how big it may

be is often a good deterrent...

Military talking heads need to shut the

hell up about retaliating with the world

economic stability hanging by a thread

now as many countries watch...


So we watch...LJ