GulfSlope Energy Inc (GSPE)

[smith199]

Patience and perseverance.

Did you notice the warnings about driving EVs in the cold? Evidently their range is very negatively affected by the colder temperatures. The batteries also take much longer to charge in the cold weather. Both these issues are a definite nuisance. But the warnings were about finding yourself stranded in a blizzard with no power to run your vehicle heater. A situation to be avoided at all costs.

Not only that, but some renewable projects are being abandoned because, although they look good on paper, ‘in the real world it is not that easy at all’. Investors are sensing that this is just a debacle waiting to happen. And they are pulling out. Look no further than Germany and Switzerland, where the coal-fired plant furnaces are all fired back up to generate the power to survive the winter. Wind and solar? An after thought.

So be patient, the trend is in our favor. Renewables will become a supplement to natural gas. Not the other way around. Countries and states that try to force renewables will go bankrupt. Supplies are tight. Exploration will become a priority.

https://archive.ph/pcjK3#selection-301.278-301.398

https://www.realclearenergy.org/articles/2022/12/23/big_wins_for_parrots_and_whales_as_wind_projects_in_tasmania_and_massachusetts_are_scuttled_871881.html





Mrs. Smith