Sometimes I think you are the real Elon Musk, beautifully put.
The oil shale business is out of business at under around $US70-80/bbl of crude, so low prices mean no investment, mean fall in oil supply over the years ahead, until world demand kicks prices higher.
Byby oil hello EV.
Economics will kill the oil industry before climate changes by much, plus governments will up taxes to save foreign revenue going to the Middle East and Russia.
The stone age did not end because we ran out of stones and the Oil age, sorry Fossil Fuel industry wont end because of lack of historically stored carbon energy either.
A 250 moving part EV will be much cheaper than a gas guzzler with 2500 moving parts, by about 2023.
PLS Price at posting:
45.5¢ Sentiment: Buy Disclosure: Held
