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by consp 301 days ago
The demand for oil as hydrogen base, plastic and other derivatives will keep those platforms profitable for a long time. Maybe not as massively profitable as now but more than a reasonable ROI. Oh wait, more profits above everything no matter what because the plebs are the only ones affected by it so they don't care.
1 comments

My very limited understanding is that many of those assets require a certain timeline and rate of oil consumption for the investment to make sense financially. If global oil consumption goes down by say 50%, lots of assets just become worthless (even if someday we use them.)