Ann: PEP11 Option Update, page-113

There is a good deal of evidence to support climate change , specifically global warming now. It is probable that it is largely due to fossil fuels. Gas and oil will be required for a substantial period to come yes. It is indeed ironic that they need more gas to combat the effects of its use. Talk about a dog chasing it’s tail. For me the issue is price, when governments finally get ahead of the curve and demand for oil and gas declines we will see a disproportionate price drop. ATM there is a discussion regarding an artificial drop as Saudi Arabia possibly attempt to force high cost oil producers out of the market which merely drove innovation the last time they tried this. Companies holding significant assets need to get their production up ASAP, lucrative prices won’t last, so yes go SGC, volume production within 6 months would be nice.