RE:RE:Predictions - Buyer bewareI like those predictions... Just a random thought here... Lots of news today (more than other days) regardimg conclusive scientific reports on the warming of the planet driven primary by greenhouse gas emissions. For those that remember what governments did to reduce the smoker population (and mainly to fill their coffers) they continously hiked taxes on cigarettes which eventually created a black market but over time probably contributed to half the smokers quiting while adding hundreds of millions in new tax revenue education helped. I think the same thing will happen to fossil fuel but over a period of time. Taxation is the best incentive to changing behaviors and...western governments have massive amounts of covid debt to deal with. The difference with energy is that the 95% of the planet is still heavily dependent on fossil fuels and while advanced economies work towards (and tax) to drive change, a large part of future economic growth is going to come from emerging markets. Those markets will be using fossil fuel long after half our population is driving Teslas Demographic use will shift but not necessarily so for future global demand driven by emerging economies all while efeloped nation governments work to make it more expensive to use gasoline and less expensive to buy alternative energy vehicles. My sense is that oil prices are likely to stay high and go higher long term but for different reasons than what we'd expect. Taxation will impact consumers more (and shift behavior) than producers while producers find new markets to sell to Just an opinion