Trboatworks
Diamond
- Joined
- Oct 23, 2010
- Location
- Maryland- USA
I am interested in how this change will direct policy and how those changes will influence crude demand and utilization worldwide.
What are the basic metrics-
1) A reemphasis on alternative to one degree or another.
2) Restrictions on some aspects of domestic production- the where's and how's.
3) Further action to weaken demand side with support for EV or the like.
Crude this morning continues its rally but I take that as far more a general continuing correction of the too deep selloff into the pandemic uncertainty.
I am wondering about the ten year trajectory- I hold that the longer throw is certain- the petroleum age is waning.
But... that process can be slowed or accelerated by the approach taken by large economies.
I feel we have just altered the path to a degree in the US by the outcome of this race for the senate.
To what degree.
An open question and I am asking it.
What are the basic metrics-
1) A reemphasis on alternative to one degree or another.
2) Restrictions on some aspects of domestic production- the where's and how's.
3) Further action to weaken demand side with support for EV or the like.
Crude this morning continues its rally but I take that as far more a general continuing correction of the too deep selloff into the pandemic uncertainty.
I am wondering about the ten year trajectory- I hold that the longer throw is certain- the petroleum age is waning.
But... that process can be slowed or accelerated by the approach taken by large economies.
I feel we have just altered the path to a degree in the US by the outcome of this race for the senate.
To what degree.
An open question and I am asking it.