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I believe the Saudis have already fully undermined Fracking, it is just going to take little longer for frackers and banks to work out how to unwind this mess - the pumps will be kept turned on until they do, but there is a storm on the horizon in regards to ongoing financing of them. The threat of electric cars, or solar in general are many many years away. The % of power produced by solar will rise significantly over the next ten years, however, the demand for power will outstrip this. I am certain oil will climb higher, I'm just not sure that it will be a catalyst for a deal on Barryroe as we had this asset during US$100 oil and failed to monitize it.
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