Some comments I put on WPL
Duke the dog
I'm not anti-oil, I am a realist. Sixty USD /barrel is not bad if you can sell it.
You obviously think oil has a long term future?
There is a global over-supply of oil and global demand is falling. Very large amounts of oil have been found in West Africa (one third of recent global oil discoveries have been in West Africa) but they can't find markets for it.
Here is a graph of the likely trend in energy markets over the next 20 years. (Note the decline in coal and oil and the increase in gas)
http://peakoil.com/consumption/tech-talk-the-bp-energy-outlook-2035
Trillion-dollar question: Is Big Oil over-investing in high-cost ...
reneweconomy.com.au/.../trillion-dollar-question-is-big-oil-over-investin...
May 21, 2014 - Note that reducing global oil demand by the early 2020s is essential to limiting .... electric vehicle deployment, curtailment of oil consumption subsidies, etc.
IEA: New normal for oil as cheap prices fail to ignite demand ...
www.carbonbrief.org/.../iea-new-normal-for-oil-markets-mean-cheap-oil...
Feb 11, 2015 - Fuel switching towards gas and electric vehicles are also a factor, the IEA says. ... The IEA echoes this argument, saying lower oil demand caused by efficiency
What is Saudi Arabia not telling us about its oil future?
Resilience.org - 2 days ago
- Forums
- ASX - By Stock
- STO
- POO is AUD$70
POO is AUD$70, page-193
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STO (ASX) to my watchlist
(20min delay)
|
|||||
Last
$7.01 |
Change
0.105(1.52%) |
Mkt cap ! $22.71B |
Open | High | Low | Value | Volume |
$6.95 | $7.02 | $6.95 | $13.48M | 1.930M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
44 | 96028 | $7.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.01 | 34772 | 21 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
32 | 46267 | 7.000 |
29 | 84274 | 6.990 |
13 | 28848 | 6.980 |
18 | 62667 | 6.970 |
15 | 109030 | 6.960 |
Price($) | Vol. | No. |
---|---|---|
7.010 | 58113 | 27 |
7.020 | 78436 | 25 |
7.030 | 35795 | 11 |
7.040 | 70576 | 13 |
7.050 | 252556 | 17 |
Last trade - 14.18pm 21/10/2024 (20 minute delay) ? |
Featured News
STO (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online