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re: There’s more oil and gas than ever — and the industry is tanking
Posted on 2/10/20 at 3:01 pm to TigerDog83
Posted on 2/10/20 at 3:01 pm to TigerDog83
quote:
TigerDog83
Well put. I would add that the divestiture away from fossil fuel companies for political reasons is incredibly short sided. In the near term, EVs are energized by fossil fuel in the US, mostly natural gas and coal. It’s going to be that way for awhile. A lot of investment was made about a few years ago to convert from coal to natural gas. Natural gas is better for many different reasons and there are solutions should carbon emissions become a big factor.
It can’t be said enough the blessing we have in this country with plentiful natural gas. It has made energy cheap in this country and is an important factor in bringing manufacturing back to the US.
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