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NickB79

(20,370 posts)

4. Not for long, unfortunately

Reply to gab13by13 (Reply #3)

Tue Mar 31, 2026, 08:55 AM

Mar 31

I say unfortunately because $200/barrel would quickly cause a global economic crash and vast demand destruction.

We'll see cheap oil again, but only be able to afford beans and rice.

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IbogaProject

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Highlight:

Why we CAN'T reopen the Strait of Hormuz [View all] mainer Mar 31 OP

The Houthis have been decimated but are still relevant. gab13by13 Mar 31 #1

Drones are cheap NickB79 Mar 31 #2

As I said gab13by13 Mar 31 #3

Not for long, unfortunately NickB79 Mar 31 #4

Yeah, I keep waiting for an economist to use the D word - deflation. gab13by13 Mar 31 #5

Cuz we don't live there? LeftInTX Mar 31 #6

It's worth a read -- and it all gets down to insurance mainer Mar 31 #7

I read it. LeftInTX Mar 31 #8