Oil & gas markets, both locally and internationally, have been anything but reliable of late.
Last year's bubble in price was obviously produced by hype than reality as was the industry's very childish response to it -- spend, buy, acquire ... at whatever cost! Now, many of those players are realizing that discretion is the better part of valor.
Demand for oil must continue as the world runs on it, and will for at least a decade to come.
And when it comes to choosing energy, as the economy contracts, the lesser cost is the wiser choice. Why? Because people must be put first. Deliver food and services cheaply, so that all prosper, then prosperity will create the cushion that alternative energy demands.
So much for a cursory, incomplete, uneducated review.
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