Our analysts don't advise on fake news
[QUOTE=ScatManDoo;2683004]BTW, I don't think internal combustion engine vehicle production will end.
There will still be a use and some demand for gas powered cars.
But use of electric vehicles as replacements for gas powered ones will stay strong. A long-standing trend as people enjoy the smaller maintenance costs.
Eventually the oil industry will consist of shrinking companies, at least for the companies that don't diversify.
Clawing at each other over a dwindling market.
Good direction you are giving your clients CaliGuy. Oil & gas investments today need exit strategies.[/QUOTE]Our analysts don't rely on fake news or opinions. They rely on the facts. Oil consumption world wide is increasing not decreasing. Supply is limited so oil companies are not abandoning the market yet. Regardless of how many electric cars were sold in 2021 the world is still using more oil every day. Here is a recent World Oil bulletin from our analyst:
World Oil:
In its monthly oil market report, the IEA raised its demand estimates by 200,000 be / the for both 2021 and 2022, to reflect clear signs that impact on economic activity and oil demand from the omicron variant remained "relatively subdued."
World oil demand was seen rising by 5.5 million be / the in 2021 and by 3.3 million be / the in 2022, the IEA said, surpassing its pre-pandemic levels by 200,000 be / the to 99.7 million be / the.
During the fourth quarter of 2021, the IEA said global demand "defied expectations" rising by 1. 1 million be / the to 99 million be / the, an upward revision of 345,000 be / the compared to its previous report.
"If demand continues to grow strongly or supply disappoints, the low level of stocks and shrinking spare capacity mean that oil markets could be in for another volatile year in 2022." the IEA said.
You can fabricate lies and live in fantasyland all your life but successful people follow the facts. Oil is here to stay for decades.
Yes and it only represents new cars
[QUOTE=Canada;2683009]Cali Guy was right. Only 3% of new cars bought in USA in 2021 were electric.[/QUOTE]Yes the 3% only represents new cars but there is still less than 1% of electric cars worldwide being driven today after 20 years of electric car production. So in 20 years only 1% of the cars are electric but somehow in next 10 years 100% will magically appear on our roads. Fantasyland at its best. What if we had stopped producing oil 10 years ago?
A quintessentially pyrrhic victory for the cheaters
[QUOTE=EihTooms;2683037]Please post a link for this poll you and other wingers have been referencing.[/QUOTE][URL]https://www.newsmax.com/us/rasmussen-reports-registered-voters-pollster-americans/2022/04/07/id/1064770/[/URL]
Everyone responsible should be in federal prison!
Finally, election fraud found in Arizona
After all of the hoopla, after all of the money spent on recounts, audits, etc, attempting to find election fraud in Arizona, the Arizona Republican party has finally found it.
And it is indeed as widespread as the Arizona Republican party said that it would be.
There were 3.4 million votes counted in Arizona. The interim report found 9 whole cases - 6 felons in Pima County voted from jail, and 2 women from Maricopa County and one in Cochise County returned ballots from their recently deceased mothers. For the mathematically challenged rightwingnuts who read this, that is something like 0.000026%.
Something was widespread of course. It just wasn't election fraud. Rofl.
[URL]https://news.yahoo.com/finally-arizonas-election-fraud-found-203003858.html[/URL]
Talk about projection wowwww
[QUOTE=PVMonger;2683347]Typical Republican point-of-view that you don't give a damn about anybody else's kids, grandkids, etc.[/QUOTE]If you cared about our kids and grandkids one damn bit, you wouldn't love mass illegal immigration!
Lets hear it, but I bet you care about the kids and grandkids of any illegals!