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Elon Musk Says the World Still Needs Oil and Gas

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Title: Elon Musk Says the World Still Needs Oil and Gas Originally reported on money.usnews.com by Reuters

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Elon Musk Says the World Still Needs Oil and Gas.

STAVANGER, Norway (Reuters) – The world must continue to extract oil and gas in order to sustain civilisation, while continuing to also develop sustainable sources of energy, Tesla founder Elon Musk told reporters at a conference in Norway on Monday.

“Realistically I think we need to use oil and gas in the short-term, because otherwise civilisation will crumble,” Musk said.

Asked if Norway should continue to drill for oil and gas, Musk said: “I think some additional exploration is warranted at this time.

“One of the biggest challenges the world has ever faced is the transition to sustainable energy and to a sustainable economy … that will take some decades to complete.”

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

Copyright 2022 Thomson Reuters.

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