Exxon’s Uncertain Future

All this should prompt us to ask the question: is Exxon-Mobil’s business sustainable? Can any company even Exxon survive such massive losses in revenue and net income.

There is no good answer here because we have never seen a company take such losses and survive. Nor have we seen a company suffering such losses keep rewarding shareholders so generously.

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Will Hyperloop and Electric Cars mean the End of the Line for Oil?

The oil industry will survive the coming of Hyperloop and electric cars; but it will look nothing like the one we have known. Instead it will be smaller and only a few companies in it will make money. Smart investors will stay out of oil for the foreseeable future, unless they are looking for something to short.

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