Subject: Re: More OXY
Why world demand for hydrocarbons is not going away any time soon:
1) Plastics
2) Cement
3) Steel
4) Fertilizer

Demand for hydrocarbons may not go away, but increasing demand will go away. However, increasing supply will probably also go away so pricing will ... TBD.

The percentage share of total U.S. petroleum consumption by major end-use sectors in 2022 was:
transportation 66.6%
industrial 27.5%
residential 2.8%
commercial 2.5%

Craig