The Rising Influence of Rising Affluence

[OakesCS]

are you saying that NG or wind/solar doesnt work on levelized basis? In anycase, my take on LCOE numbers is that they tend to be as reliable as NEA forward oil price and consumption numbers. If a Biden/Harris administration does eventually succeed in pushing 10000s of EV charging stations, a substantial power contribution will need to come from NG.

wrt oil, we agree that oil prices will continue to be low but Venezuela continues to surprise me in just how long they can continue on their journey into the abyss. I would take contributions from the PRC as a negative, i.e. they wont advance VZ functionality since their competency and integrity is no better than those they are endeavoring to manipulate. In the end the PRC Central Committee will realize that their expenditures have been no better spent than the western enterprises that preceded them. I agree that Russia has no incentive to help.