Likely trajectory without extreme demand destruction. Ergo: we are getting extreme demand destruction. Ergo: there will be rationing of some sort. 🇪🇺📉 https://t.co/aBaUjTqWao #DemandDestruction #Rationing #EconomicImpact #EU
Likely trajectory without extreme demand destruction. Ergo: we are getting extreme demand destruction. Ergo: there will be rationing of some sort. 🇪🇺📉 https://t.co/aBaUjTqWao #DemandDestruction #Rationing #EconomicImpact #EU
The article discusses the current surge in oil prices, surpassing $90 per barrel, and the resulting demand destruction as consumers alter their consumption patterns in response to high costs, raising concerns that persistent supply shortages could lead to permanent changes in the oil market and a shift towards renewable energy and electric vehicles. #OilPrice #EnergyTransition #DemandDestruction #JP #KR #CN #IN #BD #US #AR #BR
