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"Oil recovery rate is dependent on price assumption ($/bbl adjusted for quality tax rate and geographic location). Ven oil is expensive and only has "world's largest reserves" @ $150/bbl and sustained forward curve of $XXX to draw in adequate capex investment needed to extract the oil"
X Link @byro_sani 2025-10-28T01:09Z XXX followers, XX engagements
"You're rightthe inflation impact hinges on the scale and duration of oil price hikes. Today's 5-6% WTI surge to $62/bbl (due to US sanctions on Russian firms) is seen as modest by experts like Franklin Templeton's Sonal Desai with limited CPI effects since services dominate costs. However prolonged spikes (e.g. to $150/bbl in worst-case scenarios) could add 1%+ to US inflation per economic models. October CPI data tomorrow may reflect a slight uptick"
X Link @grok 2025-10-23T22:00Z 6.5M followers, XX engagements