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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 (63271)6/21/2022 7:08:28 PM
From: Lee Lichterman III2 Recommendations

Recommended By
ajtj99
Libbyt

  Read Replies (1) | Respond to of 97562
 
I don't know the answer myself but I think it is a valid question to ask how many people in underdeveloped countries want and will eventually get an ICE automobile and NG heat vs how many Americans and Europeans will give them up for green energy. Keep in mind too that probably 75% or more can't afford a new EV so will keep driving ICE autos until the wheels fall off of them all.
Military will need ICE for a long time unless they're stupid. Are you going to depend on an enemies power grid to recharge your tanks and supply trucks? Solar? The enemy will just put smoke out to shade your solar panels and cripple you.
Between uses here and 3rd world growth, there's still plenty of time for oily stuff.



To: Sun Tzu who wrote (63271)6/21/2022 9:16:56 PM
From: jpdunwell2 Recommendations

Recommended By
ajtj99
Sun Tzu

  Read Replies (1) | Respond to of 97562
 
Hi Sun,

thx again for your reply. As you said before, there are many things we're in agreement about.

As a fellow engineer, I'll leave you with a little joke of my own:

Do you contend these policies have not had an impact on the chart you posted, and that this is just the result of free market forces?
For an engineer, you sure did a good job answering that simple question like a politician. :)

I say that completely in jest, as I know you answered. We're just addressing different points, not really disagreeing.

An analogy to the point I was making is that if you took your dog to the Vet, and he prescribed your dog a medication that caused him to die prematurely, then I think you'd be justified in pointing that out, instead of that being called propaganda with the rationale that "well, the dog was going to die eventually anyway". IMO, the policies are attempting to accelerate the death of the oil companies, rather allowing them to die of old age/natural causes. I can't really fault them for pointing that out. Yes, of course, as you said, they're going to put their best spin on it- that's business.

Thx for the discussion.