the oil price has been ranging from 92 to 120 (a big range !) for many months already. and it will continue to do so for the next few months until the chart says otherwise.
This might also have something to do with it: https://www.zerohedge.com/energy/ga...eure-will-halt-gas-flows-germany-indefinitely
Biden's a DUMB ASS! He curtails energy production in the US... with the message, "we're goin' green... and RIGHT NOW, DAMN IT"! But "green" isn't big enough to handle the energy load all by itself... regardless of "the narrative". And he can't get OPEC to pick up the slack he's created. How stupid can any one man be?? Biden is one HUGE, F'n FOOL!
Major breakthrough on nuclear fusion energy European scientists say they have made a major breakthrough in their quest to develop practical nuclear fusion - the energy process that powers the stars. The UK-based JET laboratory has smashed its own world record for the amount of energy it can extract by squeezing together two forms of hydrogen. If nuclear fusion can be successfully recreated on Earth it holds out the potential of virtually unlimited supplies of low-carbon, low-radiation energy. The experiments produced 59 megajoules of energy over five seconds (11 megawatts of power). This is more than double what was achieved in similar tests back in 1997. It's not a massive energy output - only enough to boil about 60 kettles' worth of water. But the significance is that it validates design choices that have been made for an even bigger fusion reactor now being constructed in France. "The JET experiments put us a step closer to fusion power," said Dr Joe Milnes, the head of operations at the reactor lab. "We've demonstrated that we can create a mini star inside of our machine and hold it there for five seconds and get high performance, which really takes us into a new realm." https://www.bbc.com/news/science-environment-60312633
Hopefully Canadians will never get fusion-mobiles. Trudeau and his liberal followers will immediately impose a 'fusion-tax' to anyone who even TRIES to use that vehicle to drive to work... to pay their already existing taxes.
But the energy input was more than the output. That fact is not mentioned.... Those "scientists"... aren't real scientists, rather sensationalists... I guess some Ferengi scientists...
They always say that green energy will replace fossil fuels. However, they do not mention the costs to develop that green energy. Economically, it does not make any sense. Too costly, which is why renewable energy has to be subsidized to survive. It is all a part of the master plan to subsidize green energy. Biden has done everything to destroy US oil companies then, wonders why US oil production has gone down? Expect green energy companies to make lots of monies. After all, if you are getting huge subsidies from the Federal government, your costs go down substantially, with US taxpayers footing the bill. Expect Joe Biden and members of Congress who support those subsidies to be richly, rewarded by the same companies.