I think Big Oil sees the writing on the wall. Pump it now or risk leaving it in the ground as alternative energy continues to expand in all areas from EV's to S

I think Big Oil sees the writing on the wall. Pump it now or risk leaving it in the ground as alternative energy continues to expand in all areas from EV's to Solar/Wind Generation. It would be great if we only used oil for other products instead of Gasoline/Diesel/Kerosene. There are estimates that a barrel costs anywhere from $30-50 to pump in the Permian. I figure with technology it will be sub $20 in the next year or two. If you remove storage from the cost with additional pipe lines it makes it even more cost effective.