I dont believe that oil price is even remotely a factor. Its level is 100% manipulated and as soon as it suites opec it will be $150 a barrel to compensate.
Its really basic physics 101 energy in to get energy out or BTU's in for BTU's out.
Are we going to stop using plastic, wow don't even go there. I cant remember the numbers but oil usage for plastic and fertilisers and everyday items are huge.
We are embarking on a brave new world starting now and the markets know it. The next 5 years will unrecognisable.
The end of LNG......... righto you mean the end of the world as we know it.
LNG Price at posting:
$1.44 Sentiment: Buy Disclosure: Held