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01 Nov
14:45

Oil phase-out will take time: Biden

US President Joe Biden told press in Rome, Italy, on the sidelines of the G-20 meeting that US oil and gas usage isn’t going to disappear completely as the company transitions to renewable energy and electric vehicles.  It will, however, diminish in the very near term, Kallanish understands. “For example, it’s going to take us between now and 2030 to have half the vehicles in America [become] electric vehicles. So, the idea we’re not …
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