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#5SmartReads - December 3, 2020

#5SmartReads - December 3, 2020

On oil, mediocrity, and stepping aside

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Hitha Palepu
Dec 03, 2020
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#5SmartReads - December 3, 2020
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Big Oil's big reckoning (Axios)

I’ve been wondering if we would ever see a major company write down assets due to COVID or a changing world. And we finally are, with Exxon Mobil.

As much as I would love the world to be powered by renewable energy and with minimal impact to the environment, we’re just not there yet. But oil’s less than rosy outlook may be a sign that the tides are turning…

(Also - please upgrade our electrical grid so we don’t have to use as much energy to power it, President-Elect Biden).

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