“Houston, we have a problem” no longer applies to the Apollo 13 mission. Now Houston, the capital of the North American oil and gas industry faces electric vehicle (EV) growth expected to accelerate by 19% in 2024 with forecasts indicating that 66% of global car sales by 2030 will be EVs. This is putting at risk nearly 50% of worldwide demand for oil by the end of this decade.
Len Rosen
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