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Given that it will still take 30-40 years for the bulk of gasoline consuming fleets to expire/turnover, this is ironically a problem that I bet such oil plutocr
by supernova87a 5y ago
Given that it will still take 30-40 years for the bulk of gasoline consuming fleets to expire/turnover, this is ironically a problem that I bet such oil plutocrats are thinking they'll shift the burden to their children to deal with.
- bobthepanda 5y agoAlso I doubt they’re actually worried. They have enormous cash reserves. Nearly half the initial money in the Softbank Vision Fund was Saudi Arabian and that gave us Uber and many other new unicorns. If anything we should be worried about the effects of all those cash reserves starting to throw around their weight.
- sebastianconcpt 5y agoIn any case, there are two million applications for petroleum other than gas for gas based internal combustion engines.