It is a signal that oil and gas are not going anywhere for a long time. Even if they were buying it for the sale of its assets, those assets would not be wort

It is a signal that oil and gas are not going anywhere for a long time. Even if they were buying it for the sale of its assets, those assets would not be worth very much if oil and gas industry were in terminal decline. He is making massive investments in the field because of the prospects of future growth in the long term. He's probably entirely right too, since oil is embedded in virtually everything we do. A thriving economy depends on access to cheap and abundant energy.