- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: There’s more oil and gas than ever — and the industry is tanking
Posted on 2/10/20 at 11:42 am to rickgrimes
Posted on 2/10/20 at 11:42 am to rickgrimes
It's all supply and demand.
Oil and gas supply has increased while demand has grown much more slowly, if at all.
Climate change affects it two ways.
1) People are demanding new ways of energy
2) Even for products and processes that use oil and gas, people are demanding that they become more efficient, see higher gas mileage in vehicles.
Oil and gas supply has increased while demand has grown much more slowly, if at all.
Climate change affects it two ways.
1) People are demanding new ways of energy
2) Even for products and processes that use oil and gas, people are demanding that they become more efficient, see higher gas mileage in vehicles.
1
Posted on 2/10/20 at 12:04 pm to LSUFanHouston
Demand has been fine and in line with growth estimates that I’ve seen for the past decade. Problem is supply. Everyone has been finding gas and oil globally and developing the supply outstripping demand.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News