Comments by "Kenz300 x" (@KJSvitko) on "Citi's Morse Expects Oil Prices to Continue to Rise" video.

  1. Climate Change is making weather events more extreme. Floods, droughts, fires, excessive heat and low water levels in reservoirs and in ground water storage are becoming more common. We must stop adding more fossil fuels to the climate fire. India, China, Japan, US, Europe, Indonesia, Canada, Germany and Australia need to do more to reduce use of fossil fuels. They must stop building and financing more coal fossil fuels power plants. Time to go all in on wind and solar energy and electric vehicles. Fossil fuels are a bad investment for people and the planet. Investors are divesting from fossil fuels. ESG investing is growing. The cost of dealing with the impact of climate change will be greater than the cost of reducing the impact.
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  2. EV adoption is accelerating every year. Exponential not linear. The only limiting factor is batteries. The number of electric vehicles and types of vehicles and trucks is growing. Many people are holding off buying a new car or scooter until the electric vehicle they want becomes available. Electric vehicles are just better. No noise, no emissions, less fuel costs, less maintenance costs and amazing technology. Gasoline and diesel are OLD polluting technology. So last century. Electric cars, electric trucks, electric buses, electric trash haulers, electric snow blowers, electric lawn mowers, electric weed whackers, electric hedge trimmers, electric snow mobiles, electric water craft, electric garden tools, electric mechanic tools, electric motor cycles, electric bicycles, electric scooters, electric farm tractors, electric construction equipment, electric delivery vehicles, ...... everything is going electric. No worries about starting after sitting for a few months. Gas always needs repairs. The adoption of electric trucks will impact oil demand in the future. Trucks use much more fuel than cars because they operate many more miles a year. Wall Street looks short term. Fossil fuels decline is a long term story.
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  3.  @jimbeam4111  Thinking short term is how people get and stay poor. Short term expense vs long term savings.
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