$200 oil isn't as crazy as it sounds

(cnn.com)

15 points | by dabinat 9 hours ago ago

8 comments

  • atlimar 8 hours ago ago

    seeing the source url, I feel this can largely be dismissed as a billionaire class owned publication steering the public discourse

    • casper14 7 hours ago ago

      So you're saying it's a news outlet?

      • atlimar 7 hours ago ago

        you certainly have a point, though there are organizations with more journalistic integrity and freedom and a different ownership structure. But maybe not in the US any more.

  • 9rx 6 hours ago ago

    > If oil reaches $200, it would damage the global economy.

    What supports $200 oil, then?

    • ericmcer an hour ago ago

      Everything? Price of oil is tied to the price of every single thing you buy. Unless you go off grid and grow your own food you are supporting the price of oil.

    • justonceokay 4 hours ago ago

      The 5 trillionaires that will still be able to afford it.

      • 9rx 3 hours ago ago

        The 5 trillionaires can also afford $10,000 oil. Why would they pay $200 when they could pay $150?

  • aaron695 8 hours ago ago

    [dead]