pa31, so I take it from your post you aren't a believer in climate change?
What the Saudis I believe are recognizing is that due to the issue around emissions their will be forced change on the consumption of oil & coal based products. STO being a gas producer is probably positioned well in the future as at least gas as a replacement is a lot less emission intensive & more & more will be used as an interim solution. High speed rail will be another alternative to jet liners. I'm not saying oil consumption won't grow in the short term, it will, however in that regard production has more than kept pace & in fact out paced demand in recent years.
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