the days of cheap oil are over

The days of cheap oil are over according to the following extract from a news item today;

"The International Energy Agency forecasts that oil demand will increase from 85 million bpd now to 105 million bpd by 2030.

"At least 11 million bpd of that increase will be (met by) OPEC," most of it coming from Arab countries, said IEA chief Nabuo Tanaka, adding that massive increases in natural gas consumption are also predicted.

Tanaka said rising global oil and gas consumption will come at a much higher price because "the age for cheap energy is simply over.""

So if the days of cheap oil are over and ADI and its partners are going to be producers of the "good oil" why are the days of cheap ADI shares still with us. I suggest we put a bounty on the head of that groundhog. If patience is a virtue then we have a right to turn our back on virtue.
In saying that though, it sure is a good time to do swap trades in favour of ADI.It certainly is not a good time to sell. This time there is volume available as well.