Days

Tired of being demonized by the green fringe and by the media in general, a secret meeting of the most important oil companies CEOs took place during the weekend.* They decided enough is enough so, unilaterally they have suspended all oil deliveries immediately and for an indefinite period of time. The world's reaction was swift and brutal. The news services are currently overwhelmed so we only know a minute part of what this decision has triggered. Here are some of them: Airlines do plan to operate their flights on Monday, but no new bookings are being accepted at this time. Among other things, this means travelers are being stranded all over the world with no easy way to go back home. The revenue of the airlines will quickly drop to zero and their financial position will deteriorate rapidly if the oil flow is not restored fast. State oil companies are not all participating in the boycott but the price of oil has skyrocketed already. Frantic traders have pushed the pric...