Shell Gears Up For Peak Gasoline

Royal Dutch Shell is hedging its bets over the next two
decades with expectations that motor fuel consumption will be
diminishing and other markets rising. Since the oil price plummet
it 2014, Shell has transitioned its business model over to refining
oil, offering other refined oil products, and producing
petrochemicals. The oil giant will produce well beyond gasoline to
serve other growing economic sectors, and to offset the role EVs
will play by the 2030s. Rapid growth in the global economy,
especially Asia, will grow demand for other refined…

Royal Dutch Shell is hedging its bets over the next two
decades with expectations that motor fuel consumption will be
diminishing and other markets rising. Since the oil price plummet
it 2014, Shell has transitioned its business model over to refining
oil, offering other refined oil products, and producing
petrochemicals. The oil giant will produce well beyond gasoline to
serve other growing economic sectors, and to offset the role EVs
will play by the 2030s. Rapid growth in the global economy,
especially Asia, will grow demand for other refined…