Quote (StayPositive @ Nov 30 2016 04:59pm)
Of course, it'll never go away, but it won't be as nearly as important as it has been this century. And I don't know what 'soon' means, ~40? ~60? But as an industry, and a commodity, everything seems to suggest it's basically peaked now. I mean India, one of the world's most populous countries, just yesterday launched the world biggest solar power plant, that's the way the world is going. And out of necessity, not environmental feel-good ness.
yes but as demand slowly decrease supply will still continue to decrease.
It still makes sense to sell our oil now. in fact its all the more reason to sell our oil now. invest the profits in sustainable energy