Why OPEC should fear $100 plus Crude

This is very cool and the future, in our opinion.   We’re at the elbow of the technological exponential curve and just one key breakthrough in, say, battery technology and it’s off to the races.   What’s coming will be mind blowing.

Almost 75 percent of U.S. crude oil consumption goes for  transportation.   Clinton’s Black Swan was the internet, which saved his Presidency and maybe this will be Obama’s.  Ironically, higher oil prices just may be the catalyst.

 

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2 Responses to Why OPEC should fear $100 plus Crude

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