Oil Needs to Fall Below $20 to Compete With Green Alternatives
An oil tanker in the Mediterranean sea is silhouetted against the hazy sky in the waters off the coast of Gibraltar. (Photographer: Marcelo del Pozo/Bloomberg)

Oil Needs to Fall Below $20 to Compete With Green Alternatives

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(Bloomberg) -- Wind and solar power can produce seven times more useful energy for cars, dollar for dollar, than gasoline with oil prices near current levels, according to BNP Paribas SA.
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