I like Ramez a lot but I disagree with him here. First, let's agree that oil and gas production are a complex case to model, because oil at least is subject to the behavior of a cartel (OPEC) and gas is increasingly international, with a few big buyers and sellers
Because the fossil fuel industry talking point of "We're just little humble neutral suppliers meeting the demand asked of us" is making a comeback, please consider the words of a senior exec at one of America's largest gas suppliers:
Dec 28, 2025 21:46
