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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Sun Tzu who wrote (62593)6/14/2022 12:25:51 PM
From: ItsAllCyclical  Read Replies (3) | Respond to of 97462
 
A lot less refining capacity. Nobody wants to build a plant. Takes 10 years and all sorts of capital, then you have to wait even longer to get a proper return on your assets. I believe because of covid there were issues globally as well w/China/shipping/shutdowns etc.

EVs growing and uncertainty of any political backing in this environment enduring beyond 2 years...who wants to deploy capital in this manner?

Or believe what you want