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I can't find my old tweet about this last year, so to put it out there again:
1) De is higher than most realize
2) B is lower than most appreciate
3) Dmin is WAY low
4) Few correlate higher IP to higher De - they just upscale
5) Base decline is higher than most admit
...
1) De is higher than most realize
2) B is lower than most appreciate
3) Dmin is WAY low
4) Few correlate higher IP to higher De - they just upscale
5) Base decline is higher than most admit
...
6) Capital has fled the industry and little of it will come back
7) ESG pressures are here to stay
8) global markets continue their demand
9) the more energy efficient we become, the MORE energy we use (Jevons Paradox)
Result: there is reason to be long oil and natural gas.
7) ESG pressures are here to stay
8) global markets continue their demand
9) the more energy efficient we become, the MORE energy we use (Jevons Paradox)
Result: there is reason to be long oil and natural gas.
Supply-side disruptions will be large. In my view, as I called pre-covid, we will see record oil prices as a result (likely to be short-lived but we will still see them). https://twitter.com/RobertHefnerV/status/1209115321388478466?s=20
and as I also called pre-covid, we will also see the emergence of natural gas as a sustainable fuel. The fact the @DNC added Nuclear back to their platform for the first time since 1971 should indicate things are headed that way. https://twitter.com/RobertHefnerV/status/1209116672298233856?s=20
. @QuickDCapital had a nice tweet demonstrating the coal-to-gas switch continues https://twitter.com/QuickDCapital/status/1330589059870298113?s=20
. @Ed_Crooks posted a great thread on Javons Paradox https://twitter.com/Ed_Crooks/status/1330643208729202695?s=20
