So nothing has changed. 😡😡😡😡😡
The oil industry has a history of engaging in substantial extraction based on wishful thinking followed by a bunch of massive losses. Done right, and they can largely end up shut down as this cycle progresses and peoples’ willingness to burn it drops.
Let’s hope they all go out of business soon.👍
Let’s up they all go out of business soon. 👍
Money over people, always and forever.
Don’t Look Up was a documentary from another reality.
😡😡😡😡😡
Drilling will continue until
moraleprofits improve.The thing is that if oil burning starts to fall, more drilling results in lower profits. This has the real potential to drive oil companies into bankruptcy.
This a sound defeat for now at least. But things can change( and are changing) and they might lost their entire investment in the future.
