VBIN's oil stock thread.

[fenders53]

(03-24-2022, 08:19 AM)EricL Wrote: The Oil Crisis is Unfolding in Slow Motion

 Interesting article.  It seems very plausible except for the part where oil has to significantly exceed 145 to harm demand.  That's how oil bulls lose money piling more in at the top.  It's wishful thinking to believe the world economy won't hit a wall if prices remain well above 145 for a prolonged period.  

Maybe it's different this time but I don't remember extremely high oil prices ever not causing a recession.