RE: oil watch19 Mar 2021 21:23
Nodoubt I'm not the only one somewhat very puzzled with the reasoning behind DJW's departure. Everyone has an opinion, I did not have the opportunity, to carry out the "White of the eye test", however I've always thought him to be a sharp cookie!
In that regard,
1).1 trillion X $3 cuft' well head price of gas, (and yes it goes without saying it will take years to extract, majors work in decades not months)
2).(prospective short-term oil price, Brent crude being the industrial norm, but Alaskan costs more.
3). Alaska proposal to open up a domestic market for gas, also for the infrastructure for bringing hydrogen to the world's markets.
Just makes me wonder if he's not leaving in a blaze of glory.