@britrich
active 1 month ago
This is the last throw of the dice for the Sauds, an oil price of under $50 a barrel is too low to sustain their state handouts and fracking and a switch to electric vehicles is making that a long term reality https://oilprice.com/Geopolitics/International/How-Low-Oil-Prices-Have-Decimated-The-Saudi-Economy.html View