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Fred...I am getting the sense that things will be different in...

  1. 3,790 Posts.
    Fred...
    I am getting the sense that things will be different in the oil/gas business, sure oil is getting harder to find, gas drilling is getting more expensive .

    It's the governments around the world moving towards taxing to help with climate change which will make the oil/gas business more difficult.

    It is already very expensive just to find the stuff.

    In the future gas with high Co2 could be in high demand.In the future methanol could be just as expensive as oil or gas
    You must already pay the Climate change tax with the normal gas/lowCo2 gas..so why not go for the high Co2 to justify the expense of removing the Co2 and not having to pay a carbon tax in the future.

    The more you look to future changes due to climate chang the more sense TS makes and going for high co2.

    it makes sense of why so much money is being spent in the heron and surrounding areas at this time and why Eni has been saying that high Co2 is not a problem for them.
    the more you think about the more you get the sense that the TS approvals has value.
 
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