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Re: Lion33 post# 6258

Wednesday, 02/08/2017 7:55:22 PM

Wednesday, February 08, 2017 7:55:22 PM

Post# of 18930
There is a persistent oversupply problem in the energy markets caused by all the subsidies of the old energy industry....

Which is only set to get worse, widening the domestic-brent spread as more wells with their accompanying natural gas are brought online.

Not to mention dapl, keystone XL and everything else. Then, watch out, because in the blink of an eye the economics will have shifted, and solar will have replaced more fossils then previously predicted.

Then, a spiraling demand will spell the end of it. The Saudis already know this. They are trying to capitalize Aramco while someone still wants it.
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