Ugo, as you pointed out elsewhere, the prices are trending down (debt deflation). However, if you look at US crude oil production from 1920 till now it looks impressive indeed!Climate, of course be damned...Alex
Yes, the trend is still weak, but it is there. And it is a very bad thing if it continues
Upon rethinking.... it is a good thing for climate
So in short, to us ladies, you will be giving barrels of oil instead of a simple diamond? From carbon to hydrocarbons?
Diamonds are forever, oil, instead.........
Diamonds are NOT forever. They're metastable...
Diamonds are Carbon. You could burn them to cook your food!Anyhow, that wege is getting tighter by the day between what it costs to produce vs what consumers can afford to pay.Rock, meet Hard Place.RE