Monday, April 9, 2018

The fallacy of supply-side eco activism

Fake eco-activists: "No pipelines, keep it in the ground"
Saudis: "Here's $10 billion to make more petrol"
Saudi Aramco signs contracts worth $10 bln to expand U.S. refining: "Saudi Aramco signed agreements with Honeywell UOP and TechnipFM valued at $US8-10 billion for expanding chemical production and potentially building a complex along the U.S. Gulf coast."
There will be no "keep it in the ground" until there are no customers.

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