Apr 23
Energy transition fuels a decade-long commodity supercycle
“The old world is striking back against the new world because the new world wants to accelerate at 100 miles an hour towards progress, but the old world is bumping along at a much lower speed because they can't keep up with the demand that is coming from all the different, all the new technologies and all the direction that we want to go. I think that basically leaves us in a situation where the old saying that the best cure for high price is a high price because it incentivizes supply.”