Investors In Fossil Fuel Will Reap Benefits Over The Next Four Years -- December 2, 2020

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Counterintuitive: investors in fossil fuel companies are going to be well rewarded over the next few years.  

Exhibit A, Enbridge:

Exhibit B: administration's vow to shut down drilling, fracking. We'll talk about this later.

Exhibit C: environmentalists to shut down new pipelines. We'll talk about this later.

Exhibit D: post-Covid-19 -- global economy will surge.

Exhibit E: Saudi needs $60 oil; not even close, and even $60 is not enough. 

Exhibit F: majors slash spending.

• Chevron slashes spending plans; WJS; December 3, 2020;