Investors in Oil and Gas Need to Ask Themselves Important Questions

When I talk to  people about “investment” opportunities like this, I caution them about three things:

a) Scam/fraud.  How confident are you that these people are actually using your capital for oil/gas extraction, as opposed to luxury vacations and offshore bank accounts?

b) Loss. Even if these people are essentially honest, are they aware of the fact that Mercedes Benz built 6 million gas- and diesel-powered cars and trucks in 2022, and will build zero in 2025, as they transition their entire fleet to electric?

c) Duty.  Even neglecting a) and b) above, do you really want to be part of an industry that is ruining the planet?