Posted on 10/27/2021 11:34:26 AM PDT by RomanSoldier19
The energy shortage is severe enough that it could cause a lot of unhappiness and social unrest, said Blackstone CEO, Stephen Schwarzman. Benchmark US oil futures are around $85 a barrel after surging about 75% year-to-date. Oil could rise to $100 a barrel, said BlackRock CEO Larry Fink.
The global energy crisis is severe enough that it could fuel social unrest, said the CEO of asset management company Blackstone on Monday.
Stephen Schwarzman was speaking at the Future Investment Initiative conference in Saudi Arabia.
Schwarzman, who is also co-founder of the investment firm, said: "We're going to end up with a real shortage of energy. And when you have a shortage, it's just going to cost more and it's probably going to cost a lot more," as reported by Bloomberg and CNN.
(Excerpt) Read more at msn.com ...
This is all by plan. “Russians don’t take a dump, son, without a plan...”
when people can’t pay the rent, the heat bill and food bill with their wages.. they will likely get very upset.
Normally I think contacting Congress-critters is useless, but if someone is in dire financial straights due to Democratic policies, it would be productive for constituents in Democratic districts to politely let their Democratic congress-critter know about it....
Gee, Mr. Schwarzman speaking about $100/barrel oil while giving a speech in Saudi Arabia.
I bet he got a standing ovation!
America’s oligarchs know that oil and gas are absolutely essential to the world economy, and that demand will grow, not fall.
They are using government and social coercion on ESG/Climate Change to attack, devalue and break up the largest oil majors.
They will then privatize them.
Think Russia in the early 1990s.
No drilling in ANWR. Cancel Keystone Pipeline.
Cancel offshore drilling permits
Make onshore drilling permits impossible to get
OPEC curtails output.
WOW, who could have predicted $100/barrel oil?
These Blackrock guys are geniuses
All part of the plan. Lets get another 20 million people to buy electric cars.
Since along with Vangard, Blackrock basically owns the world, I guess they would know.
Cute how they act like disinterested bystanders.
“...dire financial straights due to Democratic policies...”
This is exactly what Dims want! Dims to the rescue with gov programs...
I could use plenty more than I do, but its not free and the price is too dam high.
the solution? more govt spending and control
when your energy equals your mtg/rent most wont be able to pay
here comes FEDGOV to the rescue with subsidies. now everyone is on welfare
govt solution to govt created problem
The Fink is a king.
https://rumble.com/vn7lf5-monopoly-who-owns-the-world-must-see.html
BlackRock is way more than real estate. They are major stockholders of almost everything. It’s absurd for them to pretend to be mere observers.
All made using fossil fuels; especially the batteries that have to be replaced every 6-10 years at a cost equal or nearly equal to the cars value. Some real fart smellers involved in that math.
FReepers wishing to read the original article without a trip through msnland, and all that implies, can find it here:
Is that a threat, a warning or announcement of da plan?
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