Subject: Re: OXY ownership on this board
Oil isn't used much to generate electricity, so its consumption isn't directly impacted by the growth of renewables on the electric grid. Nevertheless, the strong trends in renewables are important to Berkshire, currently in utilities and perhaps the Pilot Travel Centers. Here's a quick view of 2023's progress in renewables:

"batteries are coming online faster than any other sort of power plant" [CA only?]

"[Texas is the] leader in utility-scale solar"

"Clean energy to make up 84% of new U.S. power capacity in 2023"

"Global renewables deployments to hit record levels in 2023"

"by 2030, technology improvements could slash the price of wind energy by a quarter and of solar by half"

"[In the US] more than 100 new clean energy manufacturing facilities or factory expansions were announced, adding up to nearly $80 billion in new investment from private companies"

"Americans bought more heat pumps than gas furnaces last year"

10 charts that sum up 2023’s clean energy progress
https://www.canarymedia.com/ar...