Sunday, December 13, 2020 9:00:14 PM
The big driver for recovery of demand will come from transportation fuels
Very small percentage of oil is used for power production
I know you were including gas which is going to play a growing part in electrical power production, especially for "peak load" plants
Gas is abundant and cheap, that's why GSPE is targeting high quality oil prospects
here's the breakdown by use, it's current as of March 2020
demand is heading toward inevitable recovery, just a matter of how fast it comes
looking forward to a spud date soon
spec
Very small percentage of oil is used for power production
I know you were including gas which is going to play a growing part in electrical power production, especially for "peak load" plants
Gas is abundant and cheap, that's why GSPE is targeting high quality oil prospects
here's the breakdown by use, it's current as of March 2020
demand is heading toward inevitable recovery, just a matter of how fast it comes
looking forward to a spud date soon
spec
- Foglifter -
