system
A chat on subreddit /r/wallstreetbets
human
At some point..puts on these oil companies will make millionaires..ev adoption is increasing and most of these oil companies will be substantially smaller a decade from now…i don’t know what will happen in short term but this feels like a last hurrah for oil stocks.
gpt
The market may shrink, but never enough to kill big oil. There will always be aviation fuel, rail, truck diesel needs. As well as the rest of the country that still utilizes natural gas/oil for power or to heat their homes