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spec machine

02/22/21 1:44 PM

#4593 RE: smith199 #4589

Good info in those links and your local expertise, especially the graphs showing trends and historical ranges

I'm a visual guy, so the graphs highlight the information in the narrative in a way that spreadsheets just can't

a few things stood out

prediction that the US will revert again to be a net importer of fossil fuels in 2021 and beyond

Trends in crude supply and pricing point to high probability of sustained pricing in a very favorable range for GSPE moving forward (crude currently over $61)

Also the info on permits issued recently including GOM shallow drilling

there is a lot of room to grow big and an experienced operator can do that when a well is spud

2021 is going to be a great year for all involved

thanks for sharing

spec

GBExpress

02/23/21 12:13 AM

#4597 RE: smith199 #4589

I was all for an “all of the above” energy solution until this Article freeze. Granted, there were numerous problems here in Texas, but when I researched about wind energy and the lousy outputs, I became all for abandoning wind energy going forward. Texas has three of the largest wind farms on the planet and they barely produced anything and took the longest to rebound.

My wife and I also researched solar energy, can’t afford it, but at least you get to generate/retain it (assuming you invest in the batteries as well)... luckily my family is ok, many other Texans not as lucky.