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#Oil price: faltering


 
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#1 eds

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Posted 28 July 2017 - 10:25 AM

Royal Dutch Shell braces for,
. . . a peak in oil demand by the end of the next decade,
. . . amid renewable power, and the electric vehicle boom causing,
. . . faltering oil price, which has struggled to remain above the
. . . $50 a barrel mark.

On Wednesday the
. . . UK followed,
. . . France’s pledge to halt the sale of internal combustion vehicles by 2040, just weeks after
. . . China, and
. . . India, also called time on traditional fuel engines.

Shell has sold off,
. . . $25Billion of its less profitable assets, and
. . . slashed costs by 20%,
. . . since the oil price crash in 2014.

Within the next year Shell will reveal early plans,
. . . for a deeper presence in renewable energy, and the electrical chain,
. . . to tap into the boom in electric vehicles.

7-28-2017 Source:  #Oil price: faltering

#2 Shortpoet-GTD

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Posted 05 August 2017 - 05:08 PM

Boo frigging hoo. :laugh:
Let's hope all the dirty fuels collapse.
#Solar
#WindEnergy

Instead of propping up dying industries (like trump is want to do) he should be investing in retraining all
those folks. Coal, fracking jobs, oil workers.
Retrain them into the clean future of renewables.
But he's bought and sold by dirty money from oil, putin and money laundering banks.

Plus, he doesn't have a soul, so there's that.

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