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Meanwhile, the oil industry faces a major crisis

Meanwhile, the global oil industry is facing its biggest crisis in a decade. But environmental NGOs and activists see it as an opportunity to accelerate the energy transition. This is why.

05/08/2020 10:15 AM
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24 comments

  • Tim H.
    05/16/2020 20:57

    What a laugh people. Not in Canada. Any country on the equator maybe.

  • Gerome D.
    05/11/2020 15:30

    https://www.youtube.com/watch?v=Zk11vI-7czE

  • Carolyn P.
    05/09/2020 23:45

    They remind me of the Casino, they both should be able to live off all the money they’ve cheated us out of!

  • Kyle R.
    05/09/2020 18:49

    Love seeing people say we dont need the oil. Oil does more then make fuel. Plastics, rubbers, makeups use oil. So youll wanna cut out your tires, shoes, starbucks coffee cups, most beauty supplies and home goods.

  • Evan C.
    05/09/2020 02:04

    They are ships, not boats.

  • John S.
    05/09/2020 00:31

    Just waiting for the oil price to increase so they can rip everyone off again. Price fixing for poison.

  • Susan P.
    05/09/2020 00:13

    YES ! The Coronavirus is a great opportunity to drive into clean energy. It always seems, that the human race needs something catastrophic, affecting every individual to see the need for a drastic change.

  • Malta S.
    05/08/2020 22:04

    Good they've been creaming the world with their prices, it's about time justice has won it this time.

  • Nicholas C.
    05/08/2020 21:23

    Nice

  • Tuan T.
    05/08/2020 18:52

    Lol this is the death of renewable energy , since oil is so cheap , why the hell would people waste money on other energy sources? And no , travelling would increase exponentially once this Chinese Virus is dealt with , right now people cant even wait to get out of their houses or get going.

  • Diann M.
    05/08/2020 16:51

    They will dump it into the water

  • Vamond A.
    05/08/2020 16:46

    Demand and supply. Oil companies take advantage of that.

  • Daniel E.
    05/08/2020 16:37

    Just because the anarchists shout the climate change mantra over and over doesn't make anthropogenic climate change a valid threat. Sure the climate is changing, because it is always changing. Carbon dioxide isn't even a toxin, plants can deal with much more carbon dioxide than human activity creates. Tectonic and volcanic activity release far more carbon dioxide and methane in a week than humans produce in a year. What really affects climate change the most is cloud cover and Sun cycles.

  • Nataliie L.
    05/08/2020 15:49

    We don’t need it!

  • René C.
    05/08/2020 15:02

    Excellent! Time to divest from fossil fuel industries.

  • Andrew G.
    05/08/2020 14:02

    It might be argued that Coronavirus is natural response to the massive in-balance in nature and the threat to life in general, by human activities and its excessive population- Gaia Theory of the world being self regulating living entity -all natural systems have been scientifically proven to be self regulating from single cell to entire ecosystems through series of complex relationships. The virus will hopefully help force us to take seriously the imbalances we are creating including global warming and review fossil energy use. We need a shift to world that promotes and nurtures the existence of the huge variety of all life so that human activity is based on clear understanding of its impacts on ecological systems and can ensure we do not interfere with them.

  • David D.
    05/08/2020 13:53

    Winning

  • Chris G.
    05/08/2020 12:40

    I wish it would stay this way ✌️

  • Peter v.
    05/08/2020 12:27

    there is a way how to spend oil. War. So we can hope, that maggots on the top of oil industry will fall sooner then they create a 'demand'.

  • Sterling M.
    05/08/2020 12:25

    ahhh oil magnates start missing they's money so sad😂 it shuld stay this way no more oil needed.we have more alternatives then never before🤷‍♂️