Oil Prices Will Drop

Idea: invest in airlines

Why?

There is only one way that clean and renewable energy prices will go, and that is lower, with improvements in technology

There is only one way that the percentage of cars being electric will go, and that is higher. Not just because of lower running costs, but also government incentives, acceleration, and less moving parts = less maintenance costs.

In the USA, 71% of oil is used for transportation.

If oil prices increase, people will switch to electric vehicles more quickly. So that is not an option.

If oil prices decrease, oil-rich countries will make less money, but it will last much longer. All leaders postpone bad news if they can.

Prediction:

Oil prices will slowly decline.
Many industries will benefit from lower electricity costs
Airlines don’t have alternatives for fuel. Even if electric aircraft become a thing, planes have a lifespan of 30+ years.
Fuel costs are a major factor for airlines.

Lower oil prices will translate into profits for airlines. Invest.