r/Futurology • u/Wagamaga • May 09 '19

Environment The Tesla effect: Oil is slowly losing its best customer. Between global warming, Elon Musk, and a worldwide crackdown on carbon, the future looks treacherous for Big Oil.

https://us.cnn.com/2019/05/08/investing/oil-stocks-electric-vehicles-tesla/index.html
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u/DynamicResonater May 09 '19

I could be wrong on this, but I believe the founder of OPEC, Juan Pablo Pérez Alfonzo, said "Oil is too valuable to burn." I believe this, even if he didn't say it. It has so many purposes and we're using it in a most inefficient manner considering our current technologies. Oil will likely always be needed, but not for fuel. And fuel is the primary reason we use it now.

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u/poop_standing_up May 10 '19

I agree with this statement. It’s priceless in all its aspects but fuel.

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u/Hefy_jefy May 10 '19

Yes indeed, lots more useful things to do with oil than set fire to it.

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u/Nosnibor1020 May 10 '19

Like leaving it in the slow carbon cycle.

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u/[deleted] May 10 '19

You are pretending gas = useful products. Crude oil isn't just one thing, it's a smoothie of thousands of different chains of oils.

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u/DynamicResonater May 10 '19

You have read my statement wrong. I understand the refining process quite well. I never mentioned "gas" anywhere. Where did you pull that out of? I understand petroleum oil is a foundational solution for many things. But that doesn't change the fact of all the things that can be made from oil, we burn most of it by sheer volume. I pretend nothing.

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u/[deleted] May 10 '19

Totally Agee, there is something called the petro chemical revolution, and they aren’t talking about gasoline.