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The concept here is that the worlds elites have realized that we have in essence run out of safe ways to use oil and as a result the drop in prices are a very real response to the realization that the value of oil in the long term future is very small. Since we as a human race can not continue to use it to the extent we have been using it without causing our own extinction the world economic powers have come together to find a solution to negotiate a way out of the global warming crisis and to save their energy industries by transitioning to clean power.