VBIN's oil stock thread.

[fenders53]

Perhaps Iran, Venezualua, other countries under producing for years. Maybe Saudi tires of having their GDP depressed while oil is at 60. Green technology production slowly increases annually as governments fund it whether it makes sense yet or not. Nat gas replaces oil where it can. I think EV will be insignificant for a long time. We know where most of that electricity comes from. It's just my opinion oil demand is consumed. I expect a year or two from now oil hits 60 again. We'll have to see if it can last past a summer driving season before they cut their own throats again. I can go read 500 SA articles from some articulate writers that would have been better off buying our ports. FAR better off. I hope I am wrong. I will make a little money if I am. I am not predicting oil stays at 35 forever.