you just explained Venezuela. i read something today that made me feel better - in the latest piece from noahpinion. The electric stack is a better mousetrap, full stop and it will win out over crude in the long run.
100%, though the world is going to demand plenty of both in the short term! I don't see any demand slacking this decade, but supply will start catching up and at some point there's gonna be a glut.
you just explained Venezuela. i read something today that made me feel better - in the latest piece from noahpinion. The electric stack is a better mousetrap, full stop and it will win out over crude in the long run.
100%, though the world is going to demand plenty of both in the short term! I don't see any demand slacking this decade, but supply will start catching up and at some point there's gonna be a glut.