AVZ avz minerals limited

Running discussion on SP, page-28275

  1. 126 Posts.
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    With the Oil Market crashing as a result of the COVID-19 lock down, whats all your views on the Oil industry? As per this article, https://www.forbes.com/sites/walvanlierop/2020/04/05/after-covid-19-the-oil-industry-will-not-return-to-normal/#24a2c15b281e , these people seem to think it will not be worth reviving the Oil industry! So what will be the alternate energy? There can be alternate energy, however there isn't electric powered transport (air, road, Train) to transport people and products around the world. EV cars are still quite new and the lack of suppliers makes them very expensive, I can only assume it will be many years before everything is converted to run on an alternate power source. Anyways whats your thoughts? could Lithium boom? what other power sources are there to run transportation?
 
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