RE:Suncor ceo on BNN responding to going bankrupt by 2050Cool! Hey tripadvisor, do you know how they move oil by rail? Lots and Lots of diesel fuel 24/7 topadvisor1 wrote: LOL, Listen and you will hear things like GOING INTO WIND, SOLAR AND THE REST WAS BS.
BY THE WAY, IVN JUST STARTED MINING COPPER AND WE ARE GOING TO USE EV'S IN OUR MINES AND ON SURFACE. MOST INDUSTIAL EQUIPMENT IS NOW AVAILABLE IN ELECTRIC FORM. SO MUCH FOR DIESEL DOWN THE ROAD. LOL. BY 2050 OVER 80% OF ALL TRANSPORTATION WORLD WIDE WILL BE HYBRID OR ELECTRIC. YOUR LAWNMOWER, LEAFBLOWER, SNOWBLOWER ARE ALL ELECTRIC NOW AND SO IS ALL RECREATIONAL LIKE SEADOOS, EVEN YACHTS ARE BECOMMING ELECTRIC AS ARE ALL HUGE CONTAINER SHIPS AND ALSO CRUISE SHIPS AND SMALL PLANES AS WELL.
IT IS ALL GOING THAT WAY, SO IF YOU DON'T LIKE IT. MOVE TO MARS, OR STICK YOUR HEAD BACK INTO THAT BIG OIL SAND PILE. I PERSONALLY MADE MY FIRST 7 FIGURES ON AN OIL STOCK, BUT THAT WAS OVER 10 YEARS AGO. MUCH HAS CHANGED SINCE THAN. NG IS GOOD TO BE IN, BUT OIL WILL BE ON A DECLINE. HEY, SO BASED ON ALL OF THE ABOVE, HOW MUCH OIL DO YOU THINK WE WILL NEED IN THE FUTURE SINCE GAS AND DIESEL CONSUMPTION WILL KEEP DROPPING OVER TIME. GOING GREEN AND ELECTRIFICATION OF JUST ABOUT EVERYTHING IS WHAT WE CALL; DISRUPTIVE TECHNOLOGIES, WHICH MAKES CERTAIN STOCKS A BAD INVESTMENT. IT IS HAPPENING MUCH FASTER THAN MOST THINK. BY THE TIME YOU WAKE UP TO IT, YOU WOULD HAVE MISSED THE HUGE UPSIDE IN THE NEW WORLD WIDE GREEN MOVEMENT AND MOST OFTEN LOOSE A LOT OF YOUR MONEY STAYING IN THE OLD WAY OF DOING THINGS.
SUIT YOURSELVES, YOU MIGHT MAKE SOME MONEY HERE IN THE SHORT TERM, BUT IT SURE DOESN'T LOOK GOOD FOR THE LONG ONE.