My 10/23 podcast has been posted to the EPG home page
Posted: Sat Oct 23, 2021 5:22 pm
The title of this podcast should be "The Big Paradigm Shift".
The Wall Street Gang finally understands that the "Green New Deal" is not going to reduce demand for oil & gas this decade. If fact, we are seeing a surge in oil, gas and NGL prices primarily because demand for hydrocarbon based energy exceeds supply thanks to the lack of investment in finding & development of new supplies. FEAR created by the pandemic and the Far Left Climate Fear Mongering are the primary reasons for the imbalance. As I point out on slide 5, we are heading for an extended period of high oil & gas prices that could rival the triple digit oil prices of 2010 to 2014.
The Wall Street Gang finally understands that the "Green New Deal" is not going to reduce demand for oil & gas this decade. If fact, we are seeing a surge in oil, gas and NGL prices primarily because demand for hydrocarbon based energy exceeds supply thanks to the lack of investment in finding & development of new supplies. FEAR created by the pandemic and the Far Left Climate Fear Mongering are the primary reasons for the imbalance. As I point out on slide 5, we are heading for an extended period of high oil & gas prices that could rival the triple digit oil prices of 2010 to 2014.