It seems to me that every conflict spikes oil prices, relatively unpredictably (if you can call this unpredictable).

Maybe the world should look for alternative sources of energy, which are abundant, cheap, and can be deployed non centrally?

No. No that’s insane.

These prices are literally controlled by price-fixing cartels.

But Europe is investing hundreds of billions in North Sea wind farms to generate hydrogen for heating, it was initiated by Putin’s actions.

www.cip.com/projects/…/hydrogen-island/

Now we just have to hope that people dont dig up this bullshit idea of using hydrogen to heat your own house.

I always love the stupidity of this idea: You were able to generate pure hydrogen at high costs… Now what should we do with it? Well lets just do what we did since the middle ages and burn it!