Thread regarding Saudi Aramco layoffs

Another point of view: problem with oil shortage?

While some advocate a complete transition to clean energy sources, some are concerned that there is not enough oil to meet all our needs by 2050 and that more should be invested in oil exploration programs:

The scope of exploration will have to expand significantly. Unless we see a momentous transition in the global energy mix sooner than currently expected, or a much faster development pace than the current norm, upstream players may have to more than double their conventional exploration efforts in order to meet global oil demand through 2050

(This is the full report: https://www.rystadenergy.com/newsevents/news/press-releases/the-world-will-not-have-enough-oil-to-meet-demand-through-2050-unless-exploration-accelerates/ )

I wonder what you guys think of all this?

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Who cares? I’ll be dead by then.
Regards, Aramco Retiree

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