'Net 0' coincides with demise of oil or an Ice Age | MLPs Message Board Posts

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Msg  123411 of 123986  at  9/30/2020 10:27:26 AM  by

bearsden


'Net 0' coincides with demise of oil or an Ice Age

 

 
'Net 0'  coincided with Ice Age - or demise of oil 

It is hard to overstate how cruel 2020 has been to oil-and-gas equities. Beyond the short- to medium-term headwinds of  China-virus, longer-term questions continue to pop up. It seems nearly every week (and sometimes multiple times per week) there is a new headline about a city, state/province, or country planning to mandate low or zero tailpipes  within the next 10 to 20 years.

Multiple  companies have made promises to cut their net emissions as soon as 2030.

“Net Zero” by 2050 has become so common that it hardly rates a headline.

 It is worth considering the amount of material and energy that will be required   to build  and sustain this new green world.

Good  luck hauling all of those windmills blades and mining, processing, and creating all of the metals and carbon fibers without the oil-and-gas sector.


Taking electric vehicles from 2% of new cars sold to 20% or beyond is going to put a lot of strain and stress on that supply/manufacturing chain system.

Expect more negative headlines about those costs (visible and hidden) in coming years.

It may be a while before oil enjoys a “boom” but its “demise has been greatly exaggerated,” to borrow a phrase, in our view.

+
PS:  O.T. =  Last  'net 0'  coincided with Ice Age.eeK! 
Me thinks a new Ice Age will cover 'snowball planet earth'  before  'net 0'  arrives on the  back of an incoming asteroid not seen since its doppelganger  'Fracked'  Dino-saurs  to  'net-0'  that in turn = birthed our fossil fueled existence. 
This 'Woke' us to a paradigm  shift that  trumpets our wellborn future. 
Be glad for small favors that we  'R  heirs to Spindletop.
Its too soon to write off our DINO heritage that powers US up & away.
Lets follow wildcatter  bootstraps  to MAG -- Again!
PSS: preview  incoming  zinger attractions  scheduled to brush earth election eve Nov. 2, nite.eeK!
+
potentially hazardous asteroid to earth orbit:
2018 VP1    Nov. 2, 2020 =  E.T.A
https://spaceweather.com/
 
 
 
 
 
 
 
 
 
 
 
 


 



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