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Major Global Shifts On The Climate Crisis' Front Lines (w/ Financial Times' Simon Mundy)

The Climate Pod

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Soudy Arabia Is a Total Monarchy

Soudy arabia believes that they'regoing to be sad of the last man standing, because they have the lowest costs. So compared with shale producers in the us, no, soudy is really rock botams. That means that if the oil market crashes,. you've now got demand, you know, something approaching a hundred million barrel barrels a day. And even if you came down to, let's say, 20 or 30 million barrels a day of demand, well, soudY has 12 million production and it's the cheapest producer.

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