#endofoil — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #endofoil, aggregated by home.social.
-
Trump treats Saudi like an ATM. MBS clings to $100 oil fantasies. But China’s EV blitz is crushing demand, reshaping global power and energy markets. OPEC+ is crumbling. Oil’s era is ending—and these two dinosaurs are too deluded to see it. They truly deserve each other. #EVRevolution #EndofOil #EVs
The House of Saud and the Hous... -
According to a new report from the International Energy Agency, the world is headed towards a ludicrous surplus in oil supply that could see prices tumble and the industry's position falter — a forecast in no small part attributed to the growth in renewables, especially solar. This impending oil "glut," will come after a peak in global oil demand in 2029, plateauing at 105.6 million barrels per day.
-
The future of oil looks significantly different. With increased adoption of electric vehicles (EVs) and advancements in battery technology, we are witnessing the beginning of the end for internal combustion engines. Breakthroughs in energy storage and renewable energy sources will reduce our reliance on fossil fuels, ensuring a cleaner, more sustainable planet.
#FutureOfEnergy #EndOfOil #RenewableEnergy #Sustainability #Innovation