TinJar1/
A Q worth pondering is “why should #US #oil companies and #WallStreet not want the #war in the #MiddleEast to continue in a way that there are no #US boots-on-the-ground and the #MiddleEast #oil #gas #infrastructure continues to be steadily destroyed?”
2/
With the rapid growth of #China #EV #batteries #solar #manufacturing capacity, the future of #global #oil #demand is not exactly that of rapid growth. More likely, decline is imminent. When aggregate demand starts shrinking, what could be the strategy of incumbents such as #US #oil companies?
3/
Ensure that the biggest #oil #consumer doesn’t cut back - that would be the #US - and they have made sure of this buying off #politicians from both sides of the aisle while also boosting so-called #centrists who spout “all-of-the-above” strategy for #energy - Done!
6/
Kickstart a #war in the #MiddleEast with #Iran which extremely predictably leads to Hormuz getting blocked and more importantly retaliation from #Iran degrades the #oil #gas #infrastructure in the entire #MiddleEast - no need to win this #war - just keep it simmering for as long as you can.