Per their reporting, they were running at about 1.5TW/yr. They'll likely double to triple that. I still do not see a correlation between prices now and the LHC. When oil was at $180/brl in 2008, was that also a tax to cover LHC usage?
This has been planned for years and isn't "all of the sudden" and has been pushed back to 2026ish.
It was $87 a barrel at its peak in 2008. I remember because above $70/barrel fracking with the tech at the time was profitable. We could make it profitable with ~$55/barrel with current tech.
$140/brl and $180 inflation adjusted.
https://www.macrotrends.net/1369/crude-oil-price-history-chart
With a nice self correcting dip, crazy that it spiked like that for 6 months.
Notice that since we went to the petrodollar, they've tried to manipulate the price of oil but the dips average out the peaks to an overall stable average. That is because you cannot manipulate energy since it is a finite resource, that requires real human effort to produce. Energy cannot be created or destroyed unlike fiat currency.
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