Comments on: Investing by not extracting oil https://www.isegoria.net/2008/03/investing-by-not-extracting-oil/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Sat, 18 Apr 2026 00:55:29 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Sam J. https://www.isegoria.net/2008/03/investing-by-not-extracting-oil/comment-page-1/#comment-3246848 Sam J. Sun, 06 Sep 2020 08:16:47 +0000 http://isegoria.net/isegoria/?p=2011#comment-3246848 The GCC countries are screwed. With lots and lots of oil to frack every time they get a little price increase the frackers go nuts and start fracking like crazy. The cost structure is much cheaper to frack. It doesn’t last as long but the pay back time is much faster.

At the same time the global market is moving to electric cars. The Chinese and many others are just at the beginning of a huge upswing in nuclear power. The eco nuts have held back nuke power in the west but they won’t be able to every where else because nuke power makes great sense. This will further crush oil prices. They are screwed.

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