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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (1507537)12/11/2024 11:20:45 AM
From: Eric  Read Replies (1) of 1574063
 
They won't drill if it goes lower......

Yep,

The frackers are barely making money here.

Investors in the oil patch demand profits.

That was not true for many of them fifteen years ago.

Too many jumped in thinking that they would make a killing.

Many of them went bankrupt.

Shall we say a "coffin corner" situation for them!

Not true for renewables, especially solar.

As costs to generate continue to get cheaper and cheaper to make a kWh.
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