A couple points to keep in mind, that make this a bit overblown: (1) While COVID is a negative demand shock, but is likely rather temporary (2) Non-COVID oil

A couple points to keep in mind, that make this a bit overblown: (1) While COVID is a negative demand shock, but is likely rather temporary (2) Non-COVID oil demand is declining, but is more of a melting glacier. Infrastructure-level energy operates on looooooong cycles due to immense cost. COVID doesn't change that. (3) The recent misfortune of the fracking industry is likely less temporary. Demand is more likely to recover short term than supply. 2030 has perhaps become 2020, as the article suggests, but that doesn't mean 2022 will be what we thought 2032 will be. We can't just pretend we're all the sudden up the maturity curve with renewables just because demand dropped for a few months.