Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta. It also consists of two operating oil sands steam assisted gravity drainage projects and a resource base of exploration areas in the Athabasca region of northeastern Alberta. The Light Oil segment includes its assets, liabilities and operating results for the exploration, development and production of light crude oil and medium crude oil, tight oil and conventional natural gas. Its Light Oil segment consists exclusively of the Duvernay in the Greater Kaybob area with about 155,000 gross acres across Kaybob West, Kaybob North, Kaybob East and Two Creeks.

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Athabasca Oil Corp > All Vehicle Sales 23% by 2022 and over 50% by 2030

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Comment by cahclickon Feb 06, 2023 1:55pm

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Post# 35269750

RE:All Vehicle Sales 23% by 2022 and over 50% by 2030

Wait for 10 years when EV owners find out their cars are worthless because they need a new battery.

Meanwhile there are an estimated BILLION vehicles on the planet burning fossil fuels.

Oh boy

Duster340 wrote: Bloomberg NEF projects that plug-in vehicle sales will rise from 6.6 million in 2021 to 20.6 million in 2025. Plug-in vehicles are predicted to make up 23% of new passenger vehicle sales globally in 2025, up from just under 10% in 2021. Three-quarters of those will be fully electric.

POINTS

Automotive executives believe President Joe Biden’s goal of half of new vehicles sold in the U.S. to be electric by 2030 is achievable, according to a new KPMG survey.

While estimates varied widely, the survey on average found that executives expect 52% of new vehicle sales to be all-electric by 2030.