Totally and it’s a great illustration how diversification is crucial for any organized system. If we started to diversify earlier we not only would have more economic power now but avoided thounsands of conflicts as well.
Though a bit of optimisim here - seems like we learned this lesson and most countries are taking energy hedging very seriously these days. I don’t think we’ll ever have a new resource like oil again.
Totally and it’s a great illustration how diversification is crucial for any organized system. If we started to diversify earlier we not only would have more economic power now but avoided thounsands of conflicts as well.
Though a bit of optimisim here - seems like we learned this lesson and most countries are taking energy hedging very seriously these days. I don’t think we’ll ever have a new resource like oil again.