RE:RE:RE:World Oil Prod 101.8 million SU Prod .748 millionOldnagger - I agree that the earnings guidance will be not only interesting but useful in terms of making individual investment decisions.
I don't disagree with you that there will be continued demand for oil for the foreseable future. To me, as I have mentioned before, the relevant question as an investor is where to put my money to get the best risk adjusted return. When I look at it from this perspective, I would rather put my money in industries/ companies with the wind at their back as opposed to companies in an industry which is facing a challenge from alternative technologies and Government legislation limiting the demand for its output.
Back in the 1970s I invested in Nortel as opposed to companies that made analog switching equipment. To me, the same concept is very much relevant today in terms of making investment decisions and asset allocation decisions.