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WSHazel

(961 posts)
1. It changed the world, but not in the way that old timers think
Sun Jun 28, 2026, 08:58 AM
Jun 28

10 years from now, we will point to this war as the turning point on mass adoption of renewables. The Middle East won’t be one of the most important regions of the world for long. Oil demand is currently about 100 million barrels a day. It could be 80 or 70 or less in 5 or 10 years, which will crush the oil market.

This will make fracking unviable economically, and tip Russia and a few other countries dependent on oil into an economic collapse.

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