Is nice to see this thread getting some profund and serious discussions.
Oil is at a max. 3years from it's expiration date. Meaning the majority of oil produced for shipping /travel industry ( ships and airplanes fuel) will be useless.
A lot of cruise ships are @scrao yards and Boeing will join them soon.
It will never go above 50$ again, they are just artificially keeping it @40$ now but is not sustainable.
How can it be 40$ when most of the air travel is at 20-30%rates compared with the pre covid era ? And even the planes that are flying now, they CONSUME A LOT LESS FUEL.. There are 15-30 passengers now inside not 300. Some planes are going nowhere but in a circle for 500$/ticket.
Back then (pre covid era) the oil price, it should have been at least 150$ , based on the present dynamics and ratio
? It was sooo cheap one could say lol...
Lastly the newer 4860Tesla battery can do 15.000cycles with min. degradation. Those could actually work for an electric smaller plane amd they would definitely work for ferry boats , big or small.
Also there are wind turbines being buit that are 50stories high, better solar panels.
And also Plastic bags are banned . In Ny . In Nj. Soon in many other places. Crude oil is used for making trillions of them.