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/biz/ - Business & Finance

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>> No.17155846 [View]
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17155846

>>17155399
>>17155361
>>17155399
oil is still used to make plastic and asphalt. and even if every person magically got an electric car in the next ten years there will probably be a need for fuel in big engines (think construction/dig sites) and it'll still be used in airplanes. not to mention space rockets, which will launch more and more often.

i don't think oil companies will start to not be profitable until at least 30 years from now, and even then the biggest will probably survive because we'll always need some amount of oil from somewhere.

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