'sageo' pid='65064' datel Wrote:
'admin' pid='65061' datel Wrote:Ok, I got that point. So we fire Hession. And then what? Will that speed things up?Admin - Who knows ? I darn sure don't ! [ As usual, "only the Shadow knows" .....and unfortunately,he ain't talking ] . We wait ...some more ( I'm getting to hate that word "wait or waiting". Oh well,que sera,sera. PS..I hope the old saying is true..."good things come to those who wait" .
To be honest, I think the action is elsewhere, for now. Energy markets are in real flux, and this has more influence over the stock price (which is why I started that OPEC thread) and it also affects our business prospects. Whatever you think of OPEC, or the climate theme, there are facts on the ground that deeply affect our business. Add to that the shale revolution (which I really underestimated I have to admit), the steep price falls in alternatives (which I saw coming from afar) and the slowdown in China and you have a situation in flux (one can add ME instability, but this has always been a theme).
Oil might recover as exploration and investment are curtailed, but then again it will be affected by climate initiatives and the rise of alternatives. The problem with LNG plant is that they are mostly fixed cost and need a considerable degree of predictability, which simply isn't there at the moment.