Are we at Peak Oil, Elon Musk Suggests So! (MRO:NYE) (CVE:NYE) (BP:LSE) (XOM:NYE)

STA Research
by: STA Research
peak oil

Don@STA Research discusses if we are at Peak Oil as Elon Musk’s tweet about Tesla’s dominance and valuation eclipse over Aramco suggests. He is proposing that the Peak Oil theory is amongst us.  We discuss Peak Oil, and if now is a good time to sell oil stocks, and transition into EV and alternative energy stocks. Is the oil industry now in a declining environment? What is Peak oil? We discuss this further and a few ideas on how to respond to the possibility.

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