Fossil fuel transition: Expect oil price spikes as capital investments decline – WorldOil
Fossil fuel transition: Expect oil price spikes as capital investments decline – WorldOil
By James Herron, Grant Smith and Laura Hurst sure 01/31/2021 LONDON (Bloomberg) – Nobody likes oil companies. Tesla Inc., the emblem of an emissions-free future, is worth more today than the five Western supermajors combined. Yet the world’s contempt for its oil giants could carry a sting in the tail – a jarring price spike. […]
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