Oil Price News: The Death of Oil, Greatly Exaggerated?

Group 1 - The article discusses the polarization in society, particularly in areas such as energy, sustainability, and social issues, highlighting a divide between pragmatic individuals and those with ideological views [2][3] - It notes that the energy sector reflects broader societal divisions, with a lack of civil discourse and increasing disagreement among different groups [2] - The article mentions the EU's carbon-emission commitments, indicating a potential reversal on previously set targets, specifically the ban on carbon engines scheduled for 2035 [4] Group 2 - The current landscape in the energy sector is characterized by a retreat from ambitious carbon-emission goals, suggesting a shift in focus towards more realistic and achievable targets [4] - The article emphasizes that the aspirations of certain groups in the energy space are not aligned with the practical realities faced by different regions, particularly the global south [1][2] - It highlights the need for coherence and unity in addressing energy and sustainability issues, contrasting the current state of division and conflict [2]