this post was submitted on 05 Jan 2026
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shale oil producers would be extremely happy about oil at 55, at 50 they would start yapping about bailouts lmao, pity for them they are little business dipshits. while chevron getting venezuela oil reserves on the books without even working them will pog on theirs little cute business model.
regional banks would also be elated about shale oil collapse. like i've seen theories that this releases usa vs iran/straight of hormuz, but venezuela oil production is tiny compared to that issue, nor will it ramp up that fast, more like 5 years at best.