What the World’s Oil Giants Said About Electric Cars at CERAWeek

March 7, 2018, 5:49 PM UTC

We’re only two days into CERAWeek by IHS Markit—the week-long gathering in Houston of some of world’s biggest names in energy—and fossil-fuel executives are already dumping on electric cars.

To be fair, some say they’re coming, in a big way. Others aren’t so sure. Here’s what they’ve all said so far:

BP: Not a Silver Bullet
While BP Plc Chief Executive Officer Bob Dudley sees “tremendous” opportunities around the arrival of electric cars, he said they’re “not the silver bullet that everyone’s looking for.” Crude and natural gas will remain a part of the global energy mix for decades, ...

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