RE:RE:RE:RE:RE:RE:Hitting a new high today!it has been known for a long time that the world is electrofying, this is defiently the reality. I personally follow the utilities, the lithium and cobalt markets, solar, wind, electric propulsion companies like uqm. Particularly the solar giants like hqcl or jks or dq whom will do extrmely good in the future. Its ineveitable, this transition, especially if you consider aprox 70 percent of oil use is personal vehicles, and we can see everyday that electric cars are on the rise. with all this said, theres a couple of points. first, nat gas will be a massive transitional fuel, and tethys is a big natural gas player. China, as progressive as they are in terms of new tec, ex, massive electric car market, and massive electricity use, the largestin the world, they will require massiveamounts of nat gas, especially as we see lng grow. Tethys,in kazahkstan is an amazing location to be as they border china. Also the cost of doing buisness in Kazak is very good, and if you look at the envirnoment in which the exploration and development takes place, its very hospitiable for oil and gas development, compared with for example nothern alberta, where you cant even do much in the summer because its basically a 100 000 squamre km swamp, in some areas anyways, and then getting this fuel to market is another thing. canadas recently announced 40 billion lng export terminal, canadas largest investment ever, from 4 asian companies and shell gives the sense that they are preparing for long transition. As for oil, this is the way i see it. We are going to get off of it, but for the time being, considereing if you do the math, there is still trillions of dollars to create by trading producing and selling oil. To this day the biggest economies in the world absolutley depend on it, Russia, usa china and the developing nations in africa and south america, in any type of economic growth is going to demand alot of oil. The american dollar is going to decline. This in effect will allow the developing nations to be able to buy more oil for a cheaper cost because of the decline in usd in comparison to there own rising currencies like lets say brazil, or countries in afric, and india. This economic growth is going to demand alot of fossil fuels unfortunetly, but the infrastructure is in place, and if there is anytime to make money from oil its now or never. mature fields in the us, and environmental accomplishments will change the locations of the major production. For example envirnmental reasons for stopping fraking in populated areas, compared to say remote regions in kazackstan, where in reality the envirnment is very desolate. Oil will get back to over 100 dollars in my scenario, because essentially we will have decline in production because of envirnmental reasons, but a rise in consumption because of economic growth, and im not talking about fake economic growth like in the usa, but real growth in many cpountries in africa, and many countries in south america, and the refinement of europes mature economy, and of coarse china, and might as well throw india into the mix. With thte refinement of these economies, and as we transition to an electrofied world, we are going to burn so much freaking fuel, its f$c&ing disgusting, but is better then war, war is just a f*ck&^g scam.