[Leondros]

Originally Posted by Street Pharmacist

You just finished telling me you were meeting with Nigerian government to develop oil and gas projects, so this seems disingenuous. If you need policy help to get things done, so do other projects.



I'm not sure your analysis is correct. It's mostly due to higher interest rates for newer companies that have a shortage of cash in hand.

https://markets.businessinsider.com/...arkets-2023-11



It's not that "it's hard", it's that it's.... difficult?




https://www.forbes.com/sites/davidrv...y-reveals-all/






https://www.uni-mannheim.de/en/news/...ble-than-ever/




Here's one from 2012 about the same shortage. This isn't new. Supply chain issues abound in every industry.

https://www.usatoday.com/story/news/...rtage/1696385/

Had a chance to read through:

- first article is from 2020 and was a 5 year analysis on stock returns. You can cherry pick any range and prove your point (we do it all the time in industry). If you pick from now to 5 years ago oil and gas would vastly outperform renewable indices. I was talking more full cycle economics, not stock performance anyway.

- second article does a slightly better job on the economics front but there was no data or links to data on economics. It effectively only says costs have come down and CERTAIN projects are now profitable without subsidies. It then goes on to say natural gas is still more profitable due to its ability to take advantage of baseload power and get higher rates. Again, no numbers and I doubt they will looking at a full cycle basis.