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Kenneth Deffeyes. Colin Campbell, Takieri (spelling)from Iran and multiple prominent geologists all said the amount of oil on Earth is finite. Recently employees from Goldman Sachs and JPMorgan have said we've already reached peak oil, that is we've used up more than half of the earth's oils reserves. The Bakken and the Eagle Ford are in decline and number of prominent oil experts have said the Permian is now moving on to tier 2 and tier 3 resources. What makes you so assured that the cyclicality of the oil industry will be continued if we have reached Peak oil?

Joel

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Jan 6, 2023Liked by Arjun Murti

Arjun

I like everything you say about ESG but I have a question for you. Why do you think decarbonization is good? The principle of photosynthesis which is the basis for all life on Earth requires CO2 to be the food for all plant life. CO2 creates sugar and oxygen through photosynthesis. We breathe the byproduct of photosynthesis, oxygen so I don't understand. Decarbonization is in essence the opposite of photosynthesis. Why are you against photosynthesis and all life on Earth. I don't understand.

Joel

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Jan 6, 2023Liked by Arjun Murti

Arjun

Thank you for sharing your wisdom!

Joel

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