Subject: Re: Why Not O&G? Is it the IEA Energy Outlook_
Not liars, but it is pretty easy to assume a decline curve for world wide production that initially starts at 5% to progress to 6.5% which makes a large difference in a 25 year forecast. Similar with demand, a half a percentage here, a half a percent there and soon you can have increasing demand instead of falling demand.
I think Charlie said that if you show him the incentives he will know the answer.
Aussi