Peter Zeihan: UAE and Saudi are the only countries that maintain any meaningful spare production. And most of that takes 6 to 9 months to bring online. Regardless, even if they opened the taps all the way it wouldn't cover half of what we are losing from Russia.
"U.S. asked Brazil's Petrobras if it could raise oil output; it said no
https://reut.rs/3stfEbd https://twitter.com/chigrl/status/1523975707055075328/photo/1" - Tracy (𝕮𝖍𝖎)
...
"U.S. asked Brazil's Petrobras if it could raise oil output; it said no
https://reut.rs/3stfEbd https://twitter.com/chigrl/status/1523975707055075328/photo/1" - Tracy (𝕮𝖍𝖎)
...