- As much as a trillion dollars of upstream investment has been delayed or canceled in the last few years. We discuss the reasons for this and the possible ramifications.
- We think the parallels to the financial crisis of 2008 are very real, and the lack of upstream investing could exacerbate impacts to financial markets.
- We recommend investors look carefully at the balance sheets of domestic shale companies vs. those of the Euro oils transitioning to green energy.
- We're bullish on oil and gas and believe it will continue to play a vital role in global energy security for decades to come.
For further details see:
Lack Of New Fossil Fuels Investment May Trigger A New Financial Crisis