Why The Next Oil Price Cycle Is So Important For Saudi Arabia -- SeekingAlpha -- May 4, 2020

Link here.

Time is running out for oil-dependent nations. The world is transforming quickly and climate change is accelerating oil’s demise even faster. Despite fossil fuel’s so-called imminent fall of grace with buyers, most consumers will require oil and gas in the foreseeable future. Before the Coronavirus devasted the global economy, oil consumption was slated to grow slightly until 2030 and remain stable for the next couple of decades. Although it is unclear how demand will develop after the current crisis, certain energy-dependent nations are using the opportunity to create a modern economy and reduce dependence.

Archived.

****************************

Word (Phrase?) For The Day

Lessepsian migration. 

Yes, one thing led to another and that led to another and before I knew it, I was reading abotu Lessepsian migration.