Oil price to rise

AmericanThunder

Super Moderator
Just been reading a financial analysis of the various conflicts we are seeing, both militarily and politically.
The forecast is that on May 12th the US will impose sanctions on Iran and the effect of that is that oil will hit $100 a barrel very quickly afterwards.
Saudi Arabia and Russia will drop production to further push the cost up.

This could not only make using our hobby cars financially impossible but it could bring about significant shortages everywhere affecting grocery deliveries to stores etc
The longer term issue could be far more devastating as countries are forced to take action to secure supplies.

Really hope it does not go this way.
 
Oil effects soo many things, even manufacturing tyres, so even electric cars will suffer a bit too. Oil will run out eventually. we need more dinosaurs, and trees.

Although you can buy fully synthetic oil, which would make you think its man made. I think this popped up in another thread.
 
Planted loads of tree's to help combat this but sorry cant help you with dinosaurs lol,,,,
 

Similar threads

A
Replies
0
Views
792
Auto Express
A
A
Replies
0
Views
868
Auto Express
A
Back
Top