RE: Is UKOG playing a blinder targeting future oil and gas industry issues?17 Oct 2021 08:25
... U.S. oil and gas companies are trading at less than half 2014 levels when oil prices last topped $80 per barrel, suggesting they could be seriously undervalued and ready for some catch-up trade...
... Though less frequently discussed seriously compared to Peak Oil Demand, Peak Oil Supply remains a distinct possibility over the next couple of years mainly due to serious underinvestments in oil and gas...
The fact of the matter is that investments in renewable energy are simply not growing fast enough to meet global energy demand, and the world will continue relying heavily on oil and gas for years, if not decades, the ongoing climate crisis notwithstanding.