A week of landmark events in the oil industry and what it means for you

A week of landmark events in the oil industry and what it means for you
Aspen Pflughoeft
© Jim Mon, Associated Press
Pipeline used to carry crude oil is shown at the Superior, Wis., terminal of Enbridge Energy on June 29, 2018.
The oil industry has been shaken. This week three major oil and gas companies — Exxon, Chevron, and Shell — made headlines in a landmark week for climate change activists, CNBC reports.
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“Sustainability became the new normal” this week, said Forbes.
All three companies suffered “crushing” defeats as investors pushed the oil giants to take faster action against climate change and climate risk, CNBC and NPR reported.

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