Post
Topic
Board Economics
Re: Oil price War will Bring real War soon in Middle east
by
AniviaBtc
on 19/03/2020, 08:13:06 UTC
War Will start about soon...  I would Say in 7 Days.

Yeah right, in 7 days it will start and it will stop in the next 6  Grin
There will be no war, why should there be any war between those countries in the first place?
All their interest are aligned when it comes to oil, if they go to war between them they both lose so they will simply pump more and more oil as they have the cheapest oil and they are going to look at which of the biggest oil produces are going to crumble first.
Venezueala? Nigeria? Mexico? Rusia?

By the time the US shale runs out of funds like the Canadian oil sands, these counties would have crumbled already.

A war between the oil producers?Nope!
On the other hand, Russia and the URSS defaulted twice during a low price oil and Nigeria isn't that better, you're looking at the wrong map.

And 7 days? Lol..


That's over-acting, it is impossible to have war without the government thinking what is its effect in other countries. You're just stating some false predictions, in just 7 days? It is possible if you say 10 to 15 years from now. Because it is true that the oil is being limited and that's the reason why its price goes higher but war isn't the solution for that. Government of the countries can talk about a certain issue about oil resources so it is more less likely to happen. War isn't the key when there is a conflict between two countries, there are a lot of options to solve the problem without even harming its citizen's lives. It seems like production of oil is being limited so that people will not waste it because it is a non-renewable resources and it can't be recycled to use again.