There's nothing wrong with aspiration, but it seems the lessons of the recent past are rapidly being forgotten. OPEC's greed in trying to keep oil prices above $100 a barrel after 2011 played a big part in the U.S. shale boom and subsequent price crash in 2014.
Up Next in Fossil Fuel
In short, the smart money is headed away from fossil fuels and toward clean energy.
‘Coal is dead’ and oil faces ‘peak demand,’ says world’s largest investment group
BlackRock investment group, with $5 trillion in assets, is bullish on electric cars and renewables.
Opec believes oil demand could peak within 13 years if the Paris climate agreement’s targets are fully implemented, sounding a warning to its members just days after the accord to curb global warming came into force.
Opec warns of oil demand peak in 2029 | FT Markets
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