Quote:
Originally Posted by Spexxvet
If you ran a company that made huge profits, and whose industry had a finite lifespan, wouldn't you use some of the profits to develop a replacement for your current product? Since big oil has so much capital, shouldn't they be leaders in alternative fuels / power sources?
|
Honestly the answer is no. The oil companies should concentrate on delivering oil as efficiently as possible - there's no compelling reason to think that they would be good at anything else.
The oil companies are the railroad companies of old. Try tho ye may, you can't turn a train into a plane.