Comments by "Samson Soturian" (@samsonsoturian6013) on "Why Markets Care About Oil (And Why Low Prices Could Be a Problem)" video.

  1. Dude, do you have any idea, how expensive this supply chain is to build and maintain? If any of them default on their bills, you will have a problem personally as the price of gas goes up, which in turn effects the price of everything at the supermarket. I'm all for corporate Darwinism, but it's within everyone's best interest that the supply chain stays open. So until the day where plastic and gas motors don't exist, we will continue to treat oil/gas as essential materials.
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  2. You mean dino-corpses.
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  3. Driving people into bankruptcy doesn't equal green anything becoming a thing. Besides, almost all of these guys have diversified into green energy for this very reason (Ford makes some nice EVs).
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  4. Duh
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  5. As if harassing random engineers will make anyone's life better?
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  6. If you're speaking of green energy, that's defintely not going to be the norm for at least a couple decades. And even if some massive science discovery renders all uses for oil obsolete tomorrow, there's still all the old cars and factories that are to expensive to throw away and will last at least another decade (there are 100 year old coal power plants that still work great). As such, crude oil will remain an essential product for at least a generation, and probably a lifetime.
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  7. It's oil profitable when oil prices skyrocket.
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  8. That's a big leap in logic.
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