Q: What is your long term outlook on oil I read that France and Britain have banned fossil fuels in another 25 years Consumption in the US has not shown any growth because of the fuel efficiency of the newer engines.
Volvo is going to stop producing gasoline engines in another three years
Canada does not seem to want to compete because of our carbon tax position
I almost want to throw in the towel on all my oil positions because I see consumption decreasing and oil supply increasing
Could you let me know your long term thoughts on oil as an investment and your recommendations
Thank you
Paul
Volvo is going to stop producing gasoline engines in another three years
Canada does not seem to want to compete because of our carbon tax position
I almost want to throw in the towel on all my oil positions because I see consumption decreasing and oil supply increasing
Could you let me know your long term thoughts on oil as an investment and your recommendations
Thank you
Paul