This is what oil companies face on the demand side in the US, in terms of transportation fuel. Petroleum is also used in the petrochemical industry, and there are hopes that demand won’t decline long-term in a similar manner. The demand situation in the US is not unique to the US

While oil prices will likely remain weak in short term, expect a significant recovery by the 2nd half of 2021. That said, natural gas should experience the greatest demand growth relative to hydrocarbons over the next 15-25 yrs as we continue moving towards an #energy transition

Smart investors don’t look into the eye of a hurricane. They look at the path behind it for carnage and opportunity. Here the carnage is in fact the opportunity. #ExxonMobile is a buy for a 5-10 year excellent stock position #OOTT

The #oil and gas industry is like Easter Sunday with everyone else being given bad directions to the field and smart investors have a wide open run at buying all the energy eggs of their choosing at rock bottom prices. I’ve never been worried about demand.