Key with oil and gas is the price as need scale to be economic to develop any resource and long term contracts / finance STO has projects that can expand and others just about to start producing so all infrastructure in lace . Alaska will be a absolute bargain STO are stuoid enough to accept any form of bid on it and I would rather see them cop some pricing pain for 2 years and then make shitloads with low risk resource. Shareholders have taken the time and pain so should now get some rewards . Not sure what Trump can do internally to make oil and gas cheaper to extract in USA so there will be a crunch on expensive internal supply if prices decline further and stay down for 6 months or greater depending on finance cycle of current producers . USA economy shrinking and losing confidence and there will be inflationary pressures from tariffs so with lower oil price not sure any oil gas infrastructure will be built or financed. Countries may choose not to take USA oil and gas and instead trade with trade partners who do not impose trade restrictions. Tariff war has a long way to go as the effects will only start to be really felt in next 3 months forward for the current situation and not end up on the accounts for 6 months or more.
There was comment at WDS that CSS is 200-300-500 US /t and far to expensive . Do we have any idea of STO CSS cost at what volume they get to that cost? Obviously they will inject CO2 as CSS and were wanting to get green credits but I have never looked at financial model .
Will be interesting just what Aussie govt does with a possible massive dumping of solar panels that would have gone to USA and seeing what went on with Spain and a grid unbalanced by green energy not properly implemented. If Aussie govt was smart it would buy heaps of solar panels and do a program of all govt buildings at every level along with brownfields site with quick payback and interfere with the green energy market just like they have with gas and change the pricing structure
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