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There is an old adage that says "Generals are always doomed to fight the last war." Times and technology change. The world is shifting away from fossil fuels even if some have not come to terms with that yet. 🧪💡🔌☀️💨💧🔋
6h
Joseph D. Ortiz
Investing in new oil infrastructure? This should keep you up at night. "Just as remarkable as the abrupt import fall is the absence of major visible disruptions to everyday life in China. Tourists are still traveling, factories are still running and store shelves have plenty of toilet paper.'
14h
www.wsj.com
Clues are emerging in the mystery of the missing three million barrels—oil that China would normally be importing but isn’t now.
China Is Propping Up the World Economy by Importing a Lot Less Oil
Justin Mikulka