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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

17 comments

  • Tim H.
    05/16/2020 20:57

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

  • Rashad A.
    05/13/2020 04:43

    Glad to see oil tankers have returned to their natural habitat, the California coastline.

  • Gerome D.
    05/11/2020 15:30

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

  • Richard J.
    05/10/2020 14:55

    All Things, Have Come HOME, To Roost !!!

  • Ashutosh A.
    05/10/2020 05:28

    Good for environment and peaceful society

  • Antonio N.
    05/10/2020 02:56

    What possible crisis could the oil industry be facing when they have been over charging for gas since hurricane Katrina

  • Monkeu D.
    05/10/2020 00:51

    I hope that this dirty industry is gone, polluting the world and making many people poorer

  • Rafid S.
    05/09/2020 23:29

    It's better to leave the rest underground for any future urgency or need! 🤗

  • Marian W.
    05/09/2020 23:19

    Brut - As always, a very interesting and timely piece. Thanks.

  • Eileen C.
    05/09/2020 22:18

    The oil industry is in crisis while the earth is repairing herself and pollution has gone down drastically already in this short time. This is the perfect time to turn to green energy! The US is missing out on being the leading country in green energy and green technologies. This would create millions of jobs and save our species from becoming extinct. That sounds dramatic, so are the thousand year hurricanes and the devastating wildfires that science has proven are due to man caused climate change. Unless we change now, these devastating events will only get worse. Vote BLUE Straight Ticket November, 3rd! Get a real leader in our WH who cares and will act on climate change!

  • Joe Y.
    05/09/2020 22:10

    That’s not how supply and demand or even basic economics work. Oil isn’t in demand. Which means the cost is VERY low. Renewable energy is still high cost and hasn’t been affected by this. So if renewable is the same cost and oil is cheap, why would you think that would be the best time to transition? That literally goes against every basic tenets of economics.

  • Saleem A.
    05/09/2020 22:07

    Hello. Iam from syria We lost our home becuse of war We live in a camp near turkish border We need help to get basic needs Please help us

  • Evan C.
    05/09/2020 02:04

    They are ships, not boats.

  • 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.

  • 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🤷‍♂️

  • Jess B.
    05/08/2020 10:56

    Good