Depends on if those companies invest in renewables or not. Optimistically, they will need to pivot in the next 60 years or so. I expect that the military need for oil won’t go anywhere anytime soon, but there is regulation coming into play to limit automotive oil reliance. Maybe not in the US, but elsewhere.
Depends on if those companies invest in renewables or not. Optimistically, they will need to pivot in the next 60 years or so. I expect that the military need for oil won’t go anywhere anytime soon, but there is regulation coming into play to limit automotive oil reliance. Maybe not in the US, but elsewhere.