Exxon Mobil: Doubling Down While Facing Peak Oil Demand -
"With most competitors pivoting away from upstream growth, Exxon continues to press ahead with investments despite very challenging current price environment for crude and natural gas."
Why this is important: Major oil companies are at a crossroads, electing between diversifying into alternative energy production or betting on continuing demand for oil. The Europeans are looking toward renewables. American firms are staying in oil development....
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