RE:RE:OIL and GASDirksidetrack wrote: My comment on Messanger to an oil&gas investors group that I belong to: "Yeah saw that too. No cushion left in Cushing. Lol. Seen as desperation move. Biden still can't figure out that nobody is going to capex spend much on finding replacement reserves because nobody wants stranded assets. So they'll continue to monetize existing, now depleting reserves until they end up with a pile of cash as energy prices go up. That's precisely what I'd do. Soon they'll be begging oil sands producers to boost output. Oil sands producers will say 'we can't, no pipeline capacity, you guys should have built energy east, northern gateway and keystone'."
Anyway Clouder Guyana VP Jagdeo said that Guyana gonna monetize their reserves. Yeah so big push from Georgetown to get stuff on-line. Bet that on a hit we see things moving speed of light.
Slap back to reality...
Political leaders who have platformed on satisfying the greenies are getting hit with the reality and economic repercussions of trying to move to quickly to an environmental future!
The world no longer knows moderation...