I am seeing a soft landing.
Gains from distribution, maybe the best general description. That ratio changed, but changed smoothly these past few quarters. What is happening? The various flows are adjusting to the reality of energy availability. Investors are beginning to understand the future of energy. This soft landing is associated with oil price stabilization about the $85-$90 range. The stable point is confirmed at the 1985-1990 period, this is a gain we can sustain.
The goal is to move gains back up to 1.2, the next stable point upward. To get there, we need to move solar efficiency in energy conversion to 10%. The employment path is 1) transportation automation and 2) energy conversion along our gulf coast.
No comments:
Post a Comment