#Oil201: 5/27
…“Even at $500 a barrel oil would still be a remarkable gift for the work it performs for us. But our current industrial system could not function at anything close to those prices because every margin, every business model, every supply chain was calibrated to cheap, stable energy inputs.
The margins were always thin and when cheap energy turns expensive, the margin disappears and often turns negative…
Jonathan Schofield
npub1hf…rpfwr
2026-04-12 07:59:15 UTC
in reply to nevent1q…gy0p
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wss://relay.momostr.pinkPublished at
2026-04-12 07:59:15 UTCEvent JSON
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