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Old 05-26-2016, 09:07 AM   #86
Sugar Will '04
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Join Date: Jun 2005
Location: Dallas, TX
Posts: 8,719
Originally Posted by Jayes View Post
I agree that the industry is changing and needs to adapt, but it is certainly not "over." And use of petroleum in other products (plastics, rubber) will likely continue indefinitely. Even when vehicles are alternatively powered, it's not like we'll just forget about oil and never use it in any capacity again.
Yes, there might be one company selling oil to make certain products, but there won't be an industry for it anymore.

We won't need it for ground or air transportation and we won't need it for the grid or for keeping factories running to produce products. We will need very little of it which won't be a profitable business by then.

We have the technology now to do away with our old ways, it's how fast society wants it to happen.
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