Was working with an oil engineer today was in the industry over 25 years working for every major oil company on almost every continent now semi retired and doing other things. Anyway I asked him this morning ‘mate what do you think of electric cars’ he said mate it’s inevitable every car on the road will be eletric I then said Germany are banning the sale of ICE from 2025 and he said well there you go the Germans always lead the way and everyone else plays catch up. After more discussion he thought the only majour use for oil would be in shipping. Anyway thought it was interest and would share. cheers
GXY Price at posting:
$1.98 Sentiment: Hold Disclosure: Held