I’m buying into big oil pretty heavily at the moment (different topic, but I’m pretty bullish for 2021 prices).
However, I’m surprised that I don’t hear management discuss installing electric stalls at existing gas stations.
These companies already own real estate everywhere and operate gas stations in places that would be unattainable for some of these smaller start ups.
It would help protect them better against the coming electric car wave while simultaneously earnings them some brownie points with the environmentally conscious firms.
Why isn’t this something they are doing?
And, what are your thoughts on oil in the short term as people return back to work/travel, coupled with potential supply constraints coming from the shale patch?
Submitted December 07, 2020 at 09:06AM by dc_chilling17 https://ift.tt/3gn71rw
