Some risks are a global recession that curtails demand, lower metal prices allowing for a faster EV roll out and natural gas utility replacement, and successful scaled solid state batteries.
Other than the recession, I think the EVs and natural gas replacements will take longer than some companies stated plans of 2030 or 2035. Solid stat…
Some risks are a global recession that curtails demand, lower metal prices allowing for a faster EV roll out and natural gas utility replacement, and successful scaled solid state batteries.
Other than the recession, I think the EVs and natural gas replacements will take longer than some companies stated plans of 2030 or 2035. Solid state batteries for EVs might be out by 2025, but I haven’t seen an estimate on consumer prices.
There is a nonzero chance that oil and gas demand in developed nations and some emerging permanently drops faster than expected.
But given my current expectation of the timelines and the current cash return, I’m allocating to oil and gas stocks. Even despite the economic indicators of recession.
Some risks are a global recession that curtails demand, lower metal prices allowing for a faster EV roll out and natural gas utility replacement, and successful scaled solid state batteries.
Other than the recession, I think the EVs and natural gas replacements will take longer than some companies stated plans of 2030 or 2035. Solid state batteries for EVs might be out by 2025, but I haven’t seen an estimate on consumer prices.
There is a nonzero chance that oil and gas demand in developed nations and some emerging permanently drops faster than expected.
But given my current expectation of the timelines and the current cash return, I’m allocating to oil and gas stocks. Even despite the economic indicators of recession.