The acceleration of electric vehicles could be driving Big Oil towards a crash. Fitch says it isn’t taking a red pen to oil ratings just yet but warns that an “investor death spiral” looms for companies that fail to evolve.
from Ellie NZ Rss http://www.stuff.co.nz/business/industries/93144645/Big-Oil-faces-threat-of-glut-amid-rise-of-green-energy
from
https://ellieplume83.wordpress.com/2017/05/30/big-oil-faces-threat-of-glut-amid-rise-of-green-energy/
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