Thursday, December 9, 2021
Home Climate411 Do you rip off your shingles before finding out if new ones...

Do you rip off your shingles before finding out if new ones are available? It’s painful to watch those that do

-

To anyone that pays attention to the energy world with any objectivity (i.e., not searching for villains), it was obvious that the world would one day run into a hydrocarbon supply crunch. This didn’t have anything to do with a rapid energy transition; it had to do with a massive black hole in global upstream capital expenditures. The world’s oil consumption needs, particularly new growth in demand, had been met by huge international projects that took half a decade or more to get off the ground.

- Advertisment -

Related Articles

Death Threats, Socialist Resonance, and Other Weird Progress on the Energy Road

An energy transition is not the enemy of hydrocarbons, no matter what demons the cliques conjure to tell you otherwise. An energy transition will...

Alarmists Say the Funniest Things! Hawaiian “Blizzard” Edition

Guest “It’s snowing on top of Mauna Loa! Run away!” by David Middleton Matt H. says… Not yet convinced there’s a #climatecrisis? You must...

Bloomberg: China and India Must Invest $21 Trillion into Green Energy

According to Bloomberg, China and India would need to spend $21 Trillion of their own money to save the world from Climate Change; enough...