That sounds like a great strategy for this oil play. I have to agree with you that the oil-producing countries weren't going to let it stay low forever. I don't even think electric cars are going to put a dent in it for a long time either
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Considering the average age on the car on the road in the US is over 10 years old, that means there are a lot of cars being sold today that are not going away for a long time.
And 99% of them use gas/diesel.
Hell they are writing 7 year loans on them.
So the dent is going to be very slow.
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That's a plus for me considering I work on the fuel systems for cars and boats! I'm glad I'm at the end of my career, a few more years and I'm out!
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