There's a sweet spot in oil pricing that maximizes profits for producers, and $1... | Hacker News

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		paxys 16 days ago \| parent \| context \| favorite \| on: BYD is seeing a flood of new EV buyers There's a sweet spot in oil pricing that maximizes profits for producers, and $110 a barrel is well over that. If there's a recession then nobody is buying your product.

maleldil 16 days ago [–]

Is there a world in the near future where Americans aren't buying oil or oil-derived products, regardless of the price?

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