aka "we're not letting the price of oil drop back down too quickly, plenty of price gouging profit still to be made"
23
Own-Negotiation4372Apr 17, 2026
+7
They need to do the opposite for long term survival. Everyone is moving towards electric cars now due to high fuel prices and fuel security. If oil countries don't drop the cost soon it will quicken that transition. I think oil countries are going to feel a lot of pain soon
7
DerinielApr 18, 2026
+1
investors and millionaires looking only at the short term profit?madness! /s
sadly that's kinda the point,they just want to grab as much and as fast as they can,consequences be damned even if it's the dumb thing to do
1
ChadFullStackApr 17, 2026
+5
Big oil looking at record profits from doing nothing. They’ll do anything but reduce prices while crude oil drops back to normal.
5
caesarj12Apr 17, 2026
+5
Alright boys let's pack it up. We are getting that BYD
5
Frank9567Apr 17, 2026
+4
Yeah. It's amazing how few people understand how long it takes to restart some processes. That's especially the case for changes in oil well extraction rates. Change flows too fast, and you can cause a well collapse, especially in some of those strata.
Then, of course, there's the bombed out infrastructure. That's not getting replaced overnight. It's likely made in Korea or Japan, then has to be shipped back, then assembled, then tested. That might take 6 months to a year.
It's not just turning on a tap.
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