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re: Exxon was the world's largest company in 2013. Now it's being kicked out of the Dow
Posted on 8/26/20 at 9:01 am to Street Hawk
Posted on 8/26/20 at 9:01 am to Street Hawk
Hate to say it but all of the oilfield baws on here who think things will keep humming along like they always have are in for a rude awakening over the next decade or two. The writing has been on the wall for fossil fuels for years now, we wont see a complete split from oil and gas but we are going to see a steady decline in consumption over the coming years. I know that we cant properly replace fossil fuels with a universal alternative energy yet but it will come and judging by how much money is being invested in it, I would say it comes sooner rather than later.
This post was edited on 8/26/20 at 9:04 am
Posted on 8/26/20 at 9:05 am to Nigel Farage
quote:
will keep humming along like they always
You think things have been “humming along” in the oilfield? It’s been a shite-show for years. Historically an extremely erratic industry. O&G industry is better suited to handle the economic loss from Covid compared to most other industries bc they go through it every few years
Posted on 8/26/20 at 9:09 am to Nigel Farage
quote:What's it gonna be?
I know that we cant properly replace fossil fuels with a universal alternative energy yet but it will come and judging by how much money is being invested in it, I would say it comes sooner rather than later.
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