What Impact Will Energy Transition Have on Oil Price?

As strange as this sounds the entire green fraud might well bring oil prices down quite a bit and in the longer run. Together with reckless social spending, the incredible heaps of money this so-called transition has cost so far and will cost us in the future will contribute to wrecking our economies to the core. At least in Europe and large parts of Asia we are looking at decades of economic shrinkage or no growth at best. Some countries will be literally miserable and populations will suffer profusely. And economically suffering people don’t spend a lot of money on fuel and things that need fuel. It’s not over. 

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