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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
Posted by Nigel Farage
South of the Mason-Dixon
Member since Dec 2019
1212 posts
Posted on 8/26/20 at 9:01 am to
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 by kciDAtaE
Member since Apr 2017
15994 posts
Posted on 8/26/20 at 9:05 am to
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 by AlxTgr
Kyre Banorg
Member since Oct 2003
81860 posts
Posted on 8/26/20 at 9:09 am to
quote:

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.
What's it gonna be?
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