Replies to post #4345 on GulfSlope Energy Inc (GSPE)

[smith199]

“Stimulus is the Key” for Renewables, I’m not sure. I’ve been thinking it’s lower production costs over time.

I found this interesting, Electric Vehicles (EV) account for less than 1% of the Vehicle Fleet. Combustion Vehicles (CV) do and will continue to make up the majority, even with the strong push towards EV’s in 2021-2022.

The cold hard fact is “Fossil Fuels” will be around for many years to come.

https://www.fuelsinstitute.org/Research/Reports/Impact-of-Transportation-Related-Environmental-Ini

I was pondering over how the US could maintain their energy independence. Do we really see Fracking coming back to it’s “Heyday”. Shale Breakevens
(+-$45-$50/bbl minimum) are tough to achieve unlike Gulfslope’s Prospects Breakeven of less than $20/bbl.

Good thing there’s that Inverse Correlation regarding lower oil supplies and rising crude prices.

Mrs. Smith

Edit: “Slap that Ask Hard” I think they already have. Definitely GSPE @ $0.005 is a psychological milestone.