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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
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Author: Aussi ✧🐝  😊 😞
Number: of 12641 
Subject: Re: BRK: Why Not XOM?
Date: 12/19/2024 2:15 AM
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Sweden has seen the light—belatedly, and their government is now planning to build 10 new nuclear reactors.

So back on topic, "Why Not XOM". Sweden is planning on NOT building fossil fuel electric generating plants. XOM is projecting demand to stay constant, others such as BP and others are projecting oil demand to decline. My thoughts are that the XOM planners may be doing their production projections (based on availability of reserves) first, and letting their biases set their demand curves. Does XOM have two independent teams working on demand forecast and production economics forecast?

Aussi
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