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image: John Hill

Is Oil Industry Threatened By More Than Electric Vehicles?

September 14, 2017

Execs at a number of the world’s top fossil fuel companies have in recent years made comments inferring that even after demand for oil and natural gas peaks, demand for petrochemical feedstocks for plastics, fertilizers, and other chemicals will remain strong.

Execs at Saudi Aramco, in particular, seem to be betting on such demand allowing the state-owned company to continue providing enough revenue to allow those in Saudi Arabia to retain their familiarity with “the high life.”

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