PetroMundo / Petro mundo is on Nostr

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2023-04-16 01:05:00 UTC

From Maine to California it lights our dwellings, lubricates our machinery, and is indispensable in numerous departments of arts manufactures and domestic life. To be deprived of it now would be setting us back a whole cycle of civilisation. To doubt the increased sphere of its usefulness would be to lack faith in the progress of the world.
- J.H.A. Bone on petroleum before internal combustion engine in 1865

2023-04-14 03:27:18 UTC

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Off Top?? Get petroleum exposure. Best to own barrels in kind, but so hard and expensive. Then royalties, mineral deeds could make a sound currency. Then equities, but make sure they are crude heavy. As long as WTI is $75+ natty gas is going to FLOW from the casing-heads in North America. Cheap Gas and 🚀 Oil

2023-04-14 01:57:45 UTC

I don’t know if there is an Energy crowd on Nostr. But I’m telling y’all now. We are short, globally, Supply side oil. Demand really ain’t going anywhere. We need about $3-4 trillion in exploration Capex that has been choked by ESG capital constraints. Plan accordingly.