Not only will it take many years, probably even decades before battery powered technology makes any impact at all on the demand for oil, but it will never have any affect on what Linc are doing.
Battery powered cars and hybrids might be good for powering little hatchbacks around town, but they will never make any impact on the diesel and aviation fuel market.
Trucks, heavy machinery, 4wds and planes will never be battery powered, at least not in our lifetime. So I'll ask again mate, what has any of this got to do with Linc Energy?
LNC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
