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Bullboard - Stock Discussion Forum Petrotal Corp PTALF


Primary Symbol: T.TAL

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing... see more

TSX:TAL - Post Discussion

Petrotal Corp > Profitably Extractable Fossil Fuels Are Depleting
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Post by geezer21 on Dec 22, 2022 5:20am

Profitably Extractable Fossil Fuels Are Depleting

"Since 2015, oil and natural gas investments have remained at low levels because oil prices have not been high enough to justify drilling in the remaining places."

"The incorrect narrative provided by mainstream media (MSM) is that climate change is our worst problem. To lessen this problem, citizens need to move quickly away from fossil fuels and transition to renewables. The real narrative is that we are running short of fossil fuels that can be profitably extracted, and renewables are not adequate substitutes. However, this narrative is too worrisome for most people to handle."
 
Gail Tverberg, Our Finite World, 16 December 2022

https://ourfiniteworld.com/2022/12/16/the-economy-is-moving-from-a-tailwind-pushing-it-along-to-a-headwind-holding-it-back/
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