Energy will have a higher value in the future Remember ESG is a political goal while meanwhile oil runs the world.
Don't lose sight of the fact that oil demand in the future may lower to 75 million bbls a day though the price could still be $250 / bbl due to scarcity.
Biden is crapping his pants because he knows the price of oil really really matters.
The ESG people and Vlad Putin hate Suncor because it is located in North America and it produces a sh$tload of oil for the west.
Publically Biden shames the oil companies to get the heat off himself though privately he's on his knees to the oil majors.