You might be filling up your tank a lot longer than BP thinks.
Ambitious green policiesâfrom politicians and even the newly climate-conscious oil companiesâsuggest the world is moving at warp speed away from fossil fuels. But the transition might not be easy on consumersâ wallets, which is precisely why it could take a while.
The idea of âpeak oil,â historically a reference to a fear that oil supply was running out, now means something entirely different. British energy giant BP suggested that oil demand might have already reached its apex in 2019 if one were to imagine a world that doubles down on policies that restrict carbon emissions.
Below are the top 5 independent oil & gas stocks on the NASDAQ and the NYSE in terms of return on equity.
The trailing-twelve-month return on equity for Linn Energy, LLC (NASDAQ: LINE) is 30.14%. AG Edwards upgraded LINE from “hold” to “buy.” Read more on this stock.
The trailing-twelve-month. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: