Oil companies talk and act like lower oil prices are likely, however, the oil futures market and hedge funds point to higher and higher prices (attributed to ';peak oil';).
What is the motivation of the oil companies for their posItion?Why do oil companies act like oil is a renewable resource?
Oil is renewable. The only problem is that oil from sources other than crude fossil oils is far more expensive.Why do oil companies act like oil is a renewable resource?
When it comes to oil or politics, I lose my focus for a brighter future.
Because they know that there is enough fossil fuels to last for their lifetime and they are making huge amounts of money. They don't care about our descendants.
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