Buy Oil 〈Web〉
Volatility in these markets creates continuous friction for global business investments. 🌍 Option 3: Geopolitics and Global Sourcing
Focus on the massive gap between the market price of oil and the actual physical work it performs for human society. buy oil
For a short note on oil, it is a depletable, non-renewable mixture of liquid hydrocarbons burned to convert chemical energy into heat, making it a leading contributor to air pollution and climate change. Crude oil can be refined into any number of plastics and petroleum products, or turned into liquid fuels like gasoline and diesel. While economics textbooks and business classes teach that energy's contribution is its dollar price tag, oil provides a value to civilization that is orders of magnitude larger than the cost we pay to extract it. Volatility in these markets creates continuous friction for
When we buy oil, we are only paying the cost to extract it, not for the millions of years it took to create it. Crude oil can be refined into any number
Economic models fail to account for how deeply oil subsidizes modern civilization. 📈 Option 2: The Complexities of Trading Crude Oil