Post
Topic
Board Economics
Re: Long term OIL
by
ridery99
on 26/10/2016, 19:40:55 UTC
Oil price will skyrocket when we go into ww3

Yeah, and after it is over, one barrel of oil will cost 50 kopecks

On a serious note though, if we really go into WWIII, I'm afraid the price of oil will soon be irrelevant since there will be neither buyers nor sellers. As I understand it, crude oil is not very useful for lighting as well as heating caves, so we will have to wait for a few millennia until another round of civilization gets well under way

Even the coming nuclear war will have it's winners and losers just like WW2 did... For example, by "erasing" North America rest of the planet will live on with less ecosystems but societies can still function.