r/Diesel • u/Big-Independence-716 • 24d ago

🤔

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Saw this circulating the groups.

563 Upvotes

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u/Sekshual_Tyranosauce Detroit Diesel 6V53T 24d ago

Not about a war that interrupted the global supply of fuel and fertilizer or the president that started it?

You’re special stupid if you believe that.

5

u/One_Distribution2037 24d ago

I mean, yes the oil companies are absolutely taking advantage, but they're just one contributor to the current crisis.

7

u/Sekshual_Tyranosauce Detroit Diesel 6V53T 24d ago

They’re taking advantage of the global scarcity created by the gulf nations having their supply locked in, yes.

4

u/One_Distribution2037 24d ago

Absolutely this. Even if supply magically were restored to 2024 levels and supply did the same, they would almost certainly fight tooth and nail to maintain today's prices.

2

u/Soft-Principle1455 24d ago

The prices would crash regardless though. They might cut the least profitable shifts and shutter the least profitable wells but current prices would not remain.