Shell plc RDS-A

$RDS-A, $RDS-B. Oilprice.com. Huge Gasoline, Distillate Draws Outweigh Crude Oil Build. By Julianne Geiger - Mar 02, 2021, 3:46 PM CST. Demand is going up along with the price of gasoline.

$RDS-A, $RDS-B. Oilprice.com. Why Big Oil Expects Record Cash Flow In 2021. By Tsvetana Paraskova - Feb 28, 2021, 6:00 PM CST

$RDS-A, $RDS-B. Big Oil holding up pretty well during EV correction.

$RDS-A, $RDS-B. Shell at his lowest was $24 SP a few months ago. Now $41 plus SP. Totally cool with me. Profit taking is also ok w me. They promise to increase the dividend 4% every year.

Psssst bears, stocks don’t move in a straight line. ?. Supply is tightening, fracking is subdued, OPEC 99% compliance. Big banks projecting $75 to $100 a bbl. GS projects 30% upside to their stock.

$RDS-A, $RDS-B. I didn’t expect oil to be this high this fast. Probably why the big banks are forecasting $75 bbl oil this year.

What greenies don’t understand is peak demand just means it won’t increase, but the world will still consume $100 million barrels per day for decades. And developing countries will triple their consumption. Mexico just doubled down on fossil fuels including coal.

I want green energy too, but you need a transition and you have to be balanced. You also have to accept fossil fuels will never go away. Sorry man. Plus Warren Buffet is buying energy stocks.

$RDS-A, $RDS-B. Americans love their SUVs, so much that all the EV green gains were wiped out.

But the rising preference for non-electric SUVs, which consume on average over 20 percent more energy than a medium-size car for the same distance traveled, completely canceled the estimated 2020 reduction of oil demand due to higher EV share, the International Energy Agency (IEA) said in an analysis last month. The growth in SUVs in the United States, China, and Europe completely offset the 40,000 bpd reduction in oil demand from higher EV sales.

$RDS-A. Goldman Sachs Sees $75 Oil In Q3 2021. By Tsvetana Paraskova - Feb 22, 2021, 2:00 PM CST. Oilprice.com.

$RDS-A. Where did the bears go? I haven’t seen one in awhile. Kinda enjoyed their “unique” perspective on the energy industry. Big Oil will b a safe harbor as the EV stocks settle down. Plus the freeze ? woke everybody up that fossil fuels are here to stay. Green is good, but it needs to be balanced.

$RDS-A, $RDS-B. Street gas prices up again. Biden policies, supply constraints, freeze...it’ll slowly rise every week about 5 cents. Doesn’t matter about the price of oil, rack prices are controlled by Oil companies.

Goldman: European Oil Major Stocks Poised To Rally This Year. By Charles Kennedy - Feb 18, 2021, 3:00 PM CST.

BP’s ADRs listed in New York have the potential to jump by as much as 60 percent over the next 12 months, while the London-listed shares have a 54-percent upside potential.

Shell’s stock has an upside potential of 30 percent, France’s Total – 26 percent, Repsol of Spain could rise by 18 percent, and Italy’s Eni by 15 percent, Goldman Sachs says, as quoted by Barron’s. Goldman noted as potential catalysts Shell’s net-zero strategy and possible increase of dividends, as well as Total’s strong cash flow and balance sheet.