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Non-Tech : Alternative energy

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From: Doren10/31/2016 5:05:39 PM
   of 16955
 
Big oil done? I think not yet but getting closer.

Big Oil Is in Big Trouble

The world's largest listed oil company, Exxon, announced that it was going to have to cut its reported proved reserves by just under a fifth—by 19 percent.

It would be the biggest reserve revision in the history of the oil industry. It is yet another sign that Big Oil is in big trouble.

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Will solar and electric cars get cheap enough to end the attraction to oil based cars?

I have a long term bet on oil. Too bad it wasn't Baker Hughes.
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