We are witnessing a historic moment for oil and for the energy industry as a whole as the world moves toward a clean energy transition that has been catalyzed considerably by the COVID-19 pandemic. Even before the novel coronavirus disrupted the global economy and international industries and supply chains, there was already a lot of talk about peak oil coming up around the bend and renewable energies such as solar and wind power have been getting cheaper and more efficient by the year, outgrowing subsidies and becoming competitive with some fossil fuels. COVID-19 has only fast-tracked this energy transition as world leaders rush to create green stimulus packages for post-pandemic economic recovery at the urging of such experts as the World Economic Forum, which has advocated for a “ new energy order ” and a “ great reset .” In fact, the tide has turned on emissions-heavy fossil fuels […]