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Big Oil’s ‘monster profits’ and climate rollbacks
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What Are Your Expectations for Growth in Oil and Gas?
CEOs of oil and gas companies say they expect profits to drop off. What are their plans moving forward if they're pausing so many initiatives? That is a very good question. I think one of the issues with these companies is that they're not really set up to think long-term. And to some extent pivoting to cleaner forms of energy is completely at odds with the fundamentals of their business model.
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