The ESG initiatives are ironically not sustainable and we will soon know in 2 years once Germany moves to RePower. Oil is geopolitics; what the GOI says versus what will it do is different.
We need oil. lots.
OIL will have to explore and find oil and it will be supported by GOI. If anything, the string of discoveries by GSI over lithium and other minerals is testament that GOI is trying hard to be self sufficient.
While EVs and such are nice, the dominant vehicles will continue to be ICE and that needs oil
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