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Oil Executives, Meeting in Texas, Cast Doubts on ‘Fantasy’ Energy Transition

Source: @BreaknNews

To some, it felt like the oil executive blurted the quiet part out loud.“We should abandon the fantasy of phasing out oil and gas,” said Amin Nasser, head of what is, by far, the world’s biggest oil producer, Saudi Aramco.The energy transition was “visibly failing,” he added, saying that predictions of impending peak oil and gas demand were flatly wrong. The room, full of representatives of the fossil-fuel…

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