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Author Topic: Hydrocarbon Hellspawn Mens Rea Actus Reus  (Read 14351 times)

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AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #195 on: April 26, 2020, 05:00:03 pm »
Is 🦕🦖 Big Oil finally getting stranded?
6,905 views•Apr 26, 2020


Just Have a Think
61.5K subscribers

Thanks to Russia and Saudi Arabia, global oil production has not decreased in reaction to the abrupt halt in our economies. That means all the pipelines, all the oil tankers, all the refineries and all the storage facilities are full to capacity with a commodity that nobody can use right now. Oil producers large and small are haemorrhaging money in a way that is genuinely threatening to their existence, and people are learning how to work from home in a way that may mean we choose to travel far less when the pandemic finally ends. So is this a 'Perfect Storm' that spells the end for BIG OIL?

Help support and influence the growth of the Just Have a Think initiative here:
http://www.patreon.com/justhaveathink

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Research Links
INTERNATIONAL ENERGY AGENCY REPORT
https://www.iea.org/articles/the-global-oil-industry-is-experiencing-shock-like-no-other-in-its-history

RYSTAD REPORT 😷 😵
https://www.rystadenergy.com/globalassets/pdfs/rystad-energy_covid-19-report_15-april_2020_final-public-version.pdf

GUARDIAN ARTICLE
https://www.theguardian.com/environment/2020/apr/01/the-fossil-fuel-industry-is-broken-will-a-cleaner-climate-be-the-result

BLOOMBERG REPORT ON REFINERIES
https://www.bloomberg.com/news/articles/2020-04-08/some-of-america-s-oil-refineries-face-closure-amid-demand-plunge

GREENPEACE ARTICLE
https://www.greenpeace.org/international/story/29458/peak-oil-decline-coronavirus-economy/

#strandedassets  #bigoil  #coronavirus
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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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