3. Oil plummets 31% in biggest drop since Gulf War as Saudi cuts spark all-out pric...

Oil plummets 31% in biggest drop since Gulf War as Saudi cuts spark all-out price war. Oil markets tumbled the most in decades overnight on Sunday. The sell-off was fueled by sinking demand due to coronavirus concerns.

It's not about people who work in oil and people who work in renewables. Oil serves the entire world. Price changes reroute millions of tons of food, medical supplies, and other consumer products.

Yes we must replace oil. We haven't yet. The effects aren't gonna be giving up chicken nuggets or beef steak. War, water shortage, medical supply shortage, food shortage.

If the oil issue has been simplified to "oil bad" for you then you have been the victim of propaganda even if you are on the right side. Increased oil production is one of the pillars lifting billions of people out of poverty. Replacing it is not about "beating the bad guys" it's balancing the environment against the poor masses.

/r/worldnews Thread Parent Link - businessinsider.com
Previous
Next

Recently removed from /r/worldnews

Scientists in India protest move to drop Darwinian evolution from textbooks | Science /r/WorldNews Live Thread: Russian Invasion of Ukraine Day 429, Part 1 (Thread #570) American woman arrested with 24-carat gold-plated gun in luggage at Australian airport Biden says that a nuclear attack from North Korea would mean 'the end' of its regime Singapore executes man for trafficking two pounds of cannabis Bank of England economist says people need to accept they are poorer Poland declares threat to electricity supply due to too much renewable energy £55bn withdrawn from Credit Suisse before collapse German general calls for F-16 jets to be promptly given to Ukraine Russia outraged by US denying visas to Russian journalists: "We will not forget, we will not forgive" Diane Abbott suspended as Labour MP after racism letter (UK) South Korean owners of dog meat farms criticize first lady for calling for an end to the culture of eating dogs Italian minister sparks fury for saying immigration leads to 'ethnic replacement' Scientists discover new gene that can temporarily switch off sperm in men allowing for male birth control pill Germany ends nuclear era as last reactors power down

More Random Comments

Let's look back at the /r/leagueoflegends subreddit controversey General Discussion - April 3rd With 1st Nationwide Fracking Law, Germany Approaches A Ban - "As long as the risks cannot be fully evaluated, fracking will be banned." Functioning but sick of coping on own. Late night store Clerks, what is the strangest things that's happened on the job? Beginner and have questions about buying first set of skis How to bet on 8 or 9 ball? Choosing between r9 280 & 960. Late night store Clerks, what is the strangest things that's happened on the job? krenk'd I have a problem with: Never Hit A Girl. Let's have it. “There comes a time when you look into the mirror and you realize that what you see is all that you will ever be. And then you accept it. Or you kill yourself. Or you stop looking in mirrors.” Do you ever feel like you can't ask for parenting help/advice because people are so critical? Seriously annoyed with gaming sites when they pull this crap.