Amazing times12 Mar 2020 22:34
Think the present situation might result in the end of Trump. Shale will collapse sooner than expected and PMO and RKH will actually come out of it well. Conventional oil is the way to go before maybe 40 years from now the green stuff takes over. The green revolution will be powered initially by oil, that’s how it is. Every year the world and not just the west, the world have required 1.5 million barrels of oil extra per year. The obvious present downturn will reverse and we will be back to where we were, only shale will be finished and the USA will be dependent on imports. Russia with persuade USA to accept the nord2 pipeline or suffer more. Although Trump thought he was home and dry, the present situation might finish him, hopefully.