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Flashback to Cathie Wood in 2020: "I believe that Oil prices are on their way back to $12, now that EV's are taking off"

Oil demand probably hit a secular peak last year and, thanks to #EV's, now is in secular "decline".

From her tweet on 2020 07-15

"EV's" was the biggest sham in 2020-2021. Yes they are coming, no oil will be never be taken over when disaster strikes as we are seeing unfold or demand is high.
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