Oil demand's big picture on clean energy pushes, mergers

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Massive mergers between 4 major oil companies have been announced in October alone — Chevron’s (CVX) proposed buyout of Hess (HES) for $53 billion...

) for $59.5 billion. With the International Energy Agency predicting that peak oil demand will hit in 2030, questions arise as to what will these companies do if international and domestic green energy initiatives to go carbon neutral are met.

"The question is can clean energy be delivered to the consumer at a cost-effective price compared to fossil fuels?" Lipow asks."Fossil fuels are going to continue to grow in demand in places like India, Southeast Asia, Latin America, or Africa that certainly don't have the infrastructure... to support the rollout of electric vehicles in a grand way as they're still wrestling with providing electricity for day-to-day consumer needs.

WASHINGTON - "Trump Too Small" - a phrase mocking former President Donald Trump that a California lawyer intended to slap on T-shirts - instead has become the center of another U.S. Supreme Court battle exploring the intersection of trademark law and free speech rights. The justices are set to hear arguments on Wednesday in the U.S.

Boeing's now lost more than $2 billion on the new Air Force One planes – and has Donald Trump to blame

 

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