What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

Canaii@lemmy.zip · edit-2 5 days ago

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

driving_crooner@lemmy.eco.br · 5 days ago

Guess their respective government are getting a cut as taxes or royalties. Isn’t like these extra income is going to be used to help the needs of the population (correct me if I’m wrong in the case of Alberta). But their accounting sheets are going to be OK

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

‘We Would Be Entering a Completely Different World’