“The $60 billion bets on oil by Exxon Mobil and Chevron come as the International Energy Agency (IEA) forecasts that demand for oil and natural gas will peak by 2030.
That is not a universal view. OPEC projects global oil demand will gradually rise by more than 16 million barrels per day over the next couple decades, from 99.6 million in 2022 to 116 million in 2045.”
And …
“Last week, Senate Majority Leader Chuck Schumer and other Senate Democrats penned a letter to Federal Trade Commission Chair Lina Khan, alleging that the Exxon-Pioneer deal and Chevron's Hess purchase are ‘likely to harm competition.’”
It comforts me to know the Senate Democrats are concerned by the competition to destroy planet #Earth.
Wait a second … WHAT?!?!
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