Super-Spiked Videopods (EP1): ROCE Deep Dive

Disclaimer: My views are my own and not attributable to any affiliation, past or present. This is not an investment video/podcast and there is no financial advice explicitly or implicitly provided here.

This episode of Super-Spiked Videopods was created and lightly directed, edited, and produced by Super-Spiked Productions.

[MM-widn]

Your WTI vs ROCE graph suggests the normal ROCE is between 5 % and 12% when WTI is between $50 and $100. Also true between $20 and $30 WTI. The 2006 ROCE is the extreme outlier, followed by 2005 and 2004. From a consumer analyst viewpoint, whenever energy prices reached a certain level of consumer spending (ie, 10-11%, consumer behave shifted to alternatives or new behaviors and energy spending would fall again to 9% or less. (I am recalling these % of total consumer spending #'s from ancient memory, but you get the idea - consumption behavior changes)
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[adambutton]

With the data, is that for the North American industry?