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re: Big Oil Is Not Dancing To Government Tunes. Period.

Posted on 11/7/22 at 8:51 am to
Posted by ragincajun03
Member since Nov 2007
21360 posts
Posted on 11/7/22 at 8:51 am to
quote:

It's funny how people think these companies are going to die on the oil hill. When the other option is more profitable, they will transfer their operations there


Bingo.

However, how in the hell are growing counties that are just starting to try to get their populations and economies into the 21st century going to accomplish that with solely renewables?

Traditional hydrocarbons are still going to be necessary for a LONG time, even if countries in North America and the EU are able to start decreasing their reliance and consumption.
Posted by Highthoughts
Member since Sep 2022
313 posts
Posted on 11/7/22 at 8:58 am to
you have to have hydrocarbons for alot of things, sure.

your article itself states oil companies are completely content pocketing profits and not reinvesting them.

the only industries that do that are industries with no expanding future.

A day is coming where there is diesel for towing and necessary byproducts and commuter cars are electric.

Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
2013 posts
Posted on 11/7/22 at 9:09 am to
The first world is pulling the ladder out from the developing nations. Petrol is the cheapest fastest way for these nations to climb the standard of living.


I guess in DJford's world, it's the oil co's that are screwing californians worse than anywhere else.
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