Emergency OPEC meeting, page-8

CV

Way too cynical regarding the Green agenda! Amazing that we can dream up scenarios about an outcome that is the opposite of what is actually happening .. that is oil prices are falling!! The facts are that oil and gas and coal are limited resources and by definition non-renewable. We thought we were running out some years ago particularly regarding oil but the reality was that we were runningh out of "cheap" oil (that is low cost oil). The solution that the industry found was to drill deeper, spend more and of course drill the shale deposits ... all expensive. So we are still in the same position ... we are running out of cheap oil ...... and yet the producers are "giving it away". My expectation is that this won't last too much longer ... its a crazy approach to a limited resource IMHO.

None of this requires the Green agenda to be in a conspiracy ... its economics 1012. Their agenda is open and clear ... replace fossil fuels with renewables!

H