Getting rid of oil and gas is “far-fetched and unrealistic,” Saudi Energy Minister, Prince Abdulaziz bin Salman, said on Monday, adding that companies and governments should be thinking about how to reduce emissions from fossil fuels instead. “Let’s not focus on the fuel of choice but rather how we can mitigate and adapt to these realities without showing any preferences,” Prince Abdulaziz bin Salman said at the Singapore Energy Summit, as carried by Reuters . Saudi Arabia and its oil giant Aramco continue to say that peak oil demand is still nowhere in sight and that the world will need oil and gas for the foreseeable future, regardless of estimates by analysts and even OPEC that global oil demand will start to plateau and decline at some point in the late 2030s. Aramco doesn’t fear peak oil demand as it doubles down on boosting oil production in the long […]