Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
www.cnbc.com
The price of physical Brent oil cargoes will spike to $150 to $160 per barrel once inventories hit all-time lows, Exxon executive Neil Chapman said.
  • Psychedelic_Rebel@lemmy.zip
    2·
    1 month ago

    Well, BlackRock’s Larry Fink is already on record publicly saying that the funding for AI (e.g. data centers) will come from peoples’ savings, pensions, etc …

    • fake_meows@sopuli.xyz
      1·
      1 month ago

      A generation back the auto workers unions decided to invest the pension funds in the auto companies.

      That cheap financing paid for the auto manufacturers to afford to close the unionized plants and move them to Mexico. Byeeeee! Enjoy your unemployment!