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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Aussi ✭  😊 😞
Number: of 15061 
Subject: Re: More OXY
Date: 10/26/2023 6:20 PM
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BreckHutHigh

Nice presentation, thanks for sharing. I think the data on page 8 is for total energy demand (it says BOE but I am guessing they are converting all energy supply to BOE), not necessarily for oil and gas. Page 13 shows oil demand flat to down from now to 2050. Natural gas increasing substantially. A good reason for the recent purchases by Exxon and Chevron which I think are natural gas focused except for the Hess production from Guyana.

So my statement about increasing demand going away should only apply to oil, not natural gas.

Craig
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