PRIVATE EQUITY REPLACES BIG BANKS IN FINANCING FOSSIL FUELS AS OPEC MASSIVELY FAILS TO HIT OWN TARGETS

We are now observing a massive global transition in fossil energy: new sources being sought; current sources being redirected to China.

The 10 largest private equity funds have 80% of their energy investments in fossil fuels.https://t.co/2mGCgZAKXz

— OilPrice.com (@OilandEnergy) September 20, 2022

OPEC is massively underproducing vs their own targets.
1 of 2 things must be going on..

1: They are truly at capacity. Operational and geopolitical issues are leading to disappointing results.
2: Throttling production on purpose. A shadow form of price control#OOTT #COM #EFT pic.twitter.com/GdphLAnSAw

— Scott Willis (@ScottW_Grizzle) September 20, 2022