' In the Know, Ahead of Markets, Deciding Wisely...'
February 23, 2022
Editor's Comments
Observing oil/energy markets reminds me of a high-end Los Vegas poker game where the outcomes fluctuate daily amoung multivariable factors, including, but not limited to - physics, geo-politics, random and deterministic mathematics. logic, and psychology - to name a few. The volatility is high and at times irrational - so if you don't have a strong stomach and nerves of steel - then l suggest you return to a game of chess or checkers with granny.
Despite all the risks and volatility, there are three factors that give us comfort and confidence as professional betters:
Within 50 years or less, we will deplete all practical production of reserves if we don't blow them up. Two, demand will remain and massive shortages could drive prices to $1,000 a barrel or more. Three, there are no practical economic and physical replacements for fossil energy sources. indeed as most resources are facing economic depletion by 2050.
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All in all, energy markets still look pretty good economically for fossil fuels over the longer term (2050); save for untoward acts of stupidity or nature.
T.A. McNeil
CEO Founder
First Financial Insights
TODAY'S TOP ENERGY NEWS
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- Kuwait, Iraq target new hydrogen and solar projects
- China Plans to Feed 80 Million People With ‘Seawater Rice’
- First Hydrogen Train in Japan to Hit the Rails for Test Run
- Ford’s CEO Is Exploring Ways to Separate Its EV Business to Unlock Tesla-Like Value
- What “Energy Independence” Really Means For The U.S.
- LNG trade grew 6% in 2021 amid gas price volatility, says Shell
- Europe’s Two Biggest Economies Grow Strongly as Virus Recedes
- U.K. Services Roar Back With Strongest Growth in 8 Months
- Europe’s New Emissions Standards Are Accelerating The EV Race
- Shell calls for more LNG supply-side investment on looming demand gap
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