been said, is the blood coursing through the veins of the world economy. In 2020 the economy is bleeding red. As covid-19 keeps workers at home and planes on the ground, demand for oil has fallen faster and further than at any point in its history. Amplifying the shock, a furious row between Saudi Arabia and Russia set off a price war in early March. Last month oil prices fell by more than half, leaving a giant industry reeling.
In fact private oil firms, state-controlled companies and countries that rely on energy exports should brace themselves for a long period of pain, and use the crisis to begin the restructuring that will have to take place if the planet is to deal with climate change. A last reason for scepticism is that the covid-19 crisis could further dampen long-term oil demand. Hundreds of millions of people are living through an experiment with home-working, fewer flights and less urban pollution. This could help change public opinion about the desirability of a faster shift from an economy built on fossil fuels.
YOU HAVE TO STOP OIL NOW. IF NOT,EARTH IS GOING TO SHAKE YOU DOWN TO THE GROUND AND YOU DO KNOW WHAT THAT MEANS. I DID GIVE YOU THE WARNINGS A YEAR AGO.OIL IS THE BLOOD OF EARTH AND EARTH WILL DIE WITH OUT NO BLOOD,JUST LIKE HUMAN,BUT IT WILL KILL YOU ALL BEFORE YOU KILL EARTH.🧐
this is your plan,the future you want to create
Wouldn’t that be nice
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Source: Reuters - 🏆 2. / 97 Read more »