RE:Nothing Has Changed To Justify Oil Prices Going Higher...biloshi wrote: OPEC members left Doha with NO DECISSION to cap production!!!
A Kuwait oil workers strike didn't even last one day!!!
The world is awash in oil and over production is set to continue as places like Saudi Arabia
increase production to try and recoup lost Revenues. Iran has no plans to freeze they didn't
even show up in Doha.
With that said 170 countries just signed onto the Paris Accord which will result in more
alternatives and a lot less fossil fuels. Teslas Model 3 is an electrical masterpiece with great
range, style and handling with no tailpipe emissions. Pre-Orders are already at around
500,000.
Cheers!
You think everyone wants a tesla? I dont care if oil is $2 a litre, I will still drive a gas vehicle... Buyt with CHEAP oil gas is even cheaper, and NOW I WANT A V8 instead of a V6... and what about business owners that move products around, strap it to the roof of the tesla??? Sure they can develop new electric trucks and vans etc, but the range is limited and they are too costly to develop. Whos is going to pay 200k for a cube van to haul vegetables around in? This is going to take DECADES to even start to see any meaninful declines in fossil fuel usage, and by then most of the people that post on here will likely be dead. So how does this affect making some money on Baytex shares over the next year or two??? IT DOESNT.