WTI (Bay of Mexico) crude, $99.64 per barrel
https://media.mas.to/media_attachments/files/116/307/723/124/131/227/original/fd34723d796f4492.jpg
If oil remains over $100 per barrel, an important factor will be that battery storage installations have dropped below that cost level at end of last year. It is literally cheaper to build and operate a 100MWh battery facility than to buy oil at this price.
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