Wednesday, June 12, 2024 12:24:14 PM
Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
Key point from the article:
“This report’s projections, based on the latest data, show a major supply surplus emerging this decade, suggesting that oil companies may want to make sure their business strategies and plans are prepared for the changes taking place”
https://www.cnbc.com/2024/06/12/big-oil-given-stark-warning-as-a-major-supply-surplus-expected-by-2030.html
Let's see dickran read that article and then explain why anyone would pay multiple billions of dollars for this deadbeat company. It would take a miracle just to get to his/her desperately coveted 10 cents. Shell bidding war? Not bloody likely lmao.
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