Oil is a terrible investment. It has 14 trillion in assets that are quickly becoming a liability and the market has not priced in the cost of abandoning that infrastructure.
this post was submitted on 15 Jul 2025
-5 points (22.2% liked)
Economy
1499 readers
95 users here now
Lemmy Community for economy, business, politics, stocks, bonds, product releases, IPOs, advice, news, investment, videos, predictions, government, money, politics, debate, current trends and more.
founded 2 years ago
MODERATORS
As if the correct destruction and recycling would even once be done by the company...
Worst case, they'll cash out, declare bankruptcy and tax money pays again for the clean up