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re: Total Amount of People That Work in Oil and Gas

Posted on 10/23/20 at 6:23 pm to
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22843 posts
Posted on 10/23/20 at 6:23 pm to
So since previous companies misunderstood technology and innovation then future investors will completely avoid it? People are advocating running away from a cheaper more mature energy source so they can use regulation to impose higher margins with “green energy”?
This post was edited on 10/23/20 at 6:25 pm
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/23/20 at 9:48 pm to
quote:

So since previous companies misunderstood technology and innovation then future investors will completely avoid it?


When billions are incinerated, yes.

quote:

People are advocating running away from a cheaper more mature energy source so they can use regulation to impose higher margins with “green energy”?


People ran to shale in the name of energy independence and investors/companies lost billions...only beneficiary was the consumer. I’d posit that the same could be happening with alternatives to some degree.
This post was edited on 10/23/20 at 10:34 pm
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