"I hope that humanity will be able to free itself from its addiction of fossil fuels (arguably it is the primary reason for violent conflict in the last 30 years and the driving force behind climate change), but my bet is that things will get worse for a lot longer before we even reach the inflection point of “peak oil”.
Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near to disappearing. Given the current valuation of many integrated oil majors, the favorable growth and interest rate environment, I believe that it is a good time to invest in oil companies."
I love the cynicism of this perspective: We are well aware the world will burn because of this technology, but hey, you can make a buck now, so keep perpetuating the status quo. These kind of opinions are so frustrating.
Change must happen. Change will happen. I don’t think the oil and gas industry is anywhere near to disappearing. Given the current valuation of many integrated oil majors, the favorable growth and interest rate environment, I believe that it is a good time to invest in oil companies."
I love the cynicism of this perspective: We are well aware the world will burn because of this technology, but hey, you can make a buck now, so keep perpetuating the status quo. These kind of opinions are so frustrating.