Summary:
Oil prices will need to trade at around to per barrel in the long run if gasoline is going to be able to compete with electric vehicles and renewable energy. That startling conclusion comes from BNP Paribas, which warned in a new report that crude oil is facing an existential and likely mortal threat from renewable energy and EVs.... Oilprice.comThe Threat That Will Send Oil Down To Nick Cunningham
Topics:
Mike Norman considers the following as important: Oil, oil price, Renewable energy
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Oil prices will need to trade at around to per barrel in the long run if gasoline is going to be able to compete with electric vehicles and renewable energy. That startling conclusion comes from BNP Paribas, which warned in a new report that crude oil is facing an existential and likely mortal threat from renewable energy and EVs.... Oilprice.comThe Threat That Will Send Oil Down To Nick Cunningham
Topics:
Mike Norman considers the following as important: Oil, oil price, Renewable energy
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Oil prices will need to trade at around $9 to $10 per barrel in the long run if gasoline is going to be able to compete with electric vehicles and renewable energy. That startling conclusion comes from BNP Paribas, which warned in a new report that crude oil is facing an existential and likely mortal threat from renewable energy and EVs....Oilprice.com
The Threat That Will Send Oil Down To $10
Nick Cunningham