Quote:
Originally Posted by Street Pharmacist
We're not looking for majority EVs. We're looking for the point where there's enough EVs to disrupt the oil industry. That's much less than 50%
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That depends on the rate of adoption of cars by the 2nd and 3rd world.
Our existing oil infrastructure is also fairly low capital to maintain and operate relative to shale. So while the writing may be on the wall for mega projects our oil industry will be a low cost producer at current production levels for quite sometime.