Article

2021-12-11 Economy

World Economy Entering Period of Oil Scarcity, Halliburton CEO Says

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Posted by Besoeker 2021-12-11 06:36|| || Front Page|| [10 views ] Top

#1 A recent survey revealed that 43 percent of oil industry employees sought to transition to other sectors in the next five years, as reported by Reuters.

Plenty of oil and gas available, the environmental whackos simply driving the industry out of business.

Posted by Besoeker 2021-12-11 06:59|| 2021-12-11 06:59|| Front Page Top

#2 Its been a while since someone spouted teh Peak Oil BS...

Posted by BrerRabbit 2021-12-11 07:45|| 2021-12-11 07:45|| Front Page Top

#3 likely that oil prices will soon climb to $100 per barrel

I suspect that, along with CO2 'fears,' will be used to justify nationalization of the domestic oil industry - with consequences like those in Venezuela.

Posted by Glenmore 2021-12-11 10:33|| 2021-12-11 10:33|| Front Page Top

#4 Not oil scarcity, oil extraction scarcity.

Then we lose the on-hand wisdom and culture.

Totally self inflicted, and with malice.

Posted by swksvolFF 2021-12-11 11:16|| 2021-12-11 11:16|| Front Page Top

#5 How to Shoot Yourself In The Foot, or the Green New Dope Playbook

1. Harass, limit, block tight-oil extraction and transport (Keystone, etc)

2. Badger institutional investors not to invest in oil and gas companies; promote "ESG" investing

3. Watch said companies curtail new investment in production
4. Watch supply contract
5. Watch oil prices soar

6. Watch said companies' stock prices soar -- as ESG companies' stock prices slide

7. Watch the (smarter, wiser, non-Woke) institutional investors flock back to oil & gas company stocks

8. Watch O&G stock prices rise even further

9. Declare success and change the subject: Why aren't there more Noble Mulattas on Exxon's board?

Posted by Merrick Ferret 2021-12-11 11:45|| 2021-12-11 11:45|| Front Page Top

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