What will happen to global corporations once cheap oil is a thing of the past?

  1. Drake LaVigne profile image55
    Drake LaVigneposted 8 years ago

    What will happen to global corporations once cheap oil is a thing of the past?

    I'm interested to know whether most people think the small local business model will prevail in an age of inaccessible oil, or whether conglomerates will have the resources to weather the storm.

  2. pendell2 profile image63
    pendell2posted 8 years ago

    Nothing is more competitive than the American Marketplace.


          So the smart corporations will adapt to the new reality and either find a different and better source of energy, or pass on higher costs to you and me if they are able.

          Those not able to adapt will go out of business.

  3. Energy Guild profile image87
    Energy Guildposted 8 years ago

    This is an economic question that has worried many people.  Yes. We want to be more independent of oil. So what will corporations do when they can't sell it?  The same thing they are doing now.  Keep selling it.
    Where the Money is in Oil
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