Replies to post #23406 on The Rising Influence of Rising Affluence

[OakesCS]

yes and no. service companies have been beaten like an old rug for 5 yrs so they’re skeletal already.

secondly, a large fraction of the world will continue to burn liquids. That assumes all the happy talk about EVs comes to be in Western Europe and NAM. I won’t be around to collect on bets of what happens/doesn’t happen in 30-50 yrs but if there was a chance, I’d wager a lot of money that EVs will not comprise 50% of US vehicles in 2050.

[OakesCS]

I forgot the 2nd part of your question. Yes, margins way higher on liquids. But if EVs were to become predominant, then NG prices and margins would grow accordingly.