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Christopher Moltisanti is an intern of financial analysts. He is responsible for evaluating and predicting the profitability and pricing power of the petroleum/oil and gas

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Christopher Moltisanti is an intern of financial analysts. He is responsible for evaluating and predicting the profitability and pricing power of the petroleum/oil and gas industry. With rising concern over climate change, the public has criticized the industry for generating pollution and gradually switched to alternative renewable energy. Moltisanti also notices that more and more households opt to install solar energy panels and electric oven ranges. However, solar energy panels are pricy with a starting cost of around $15,000 USD. Some households also believe that electric oven ranges do not perform as ideally as the traditional gas oven ranges. Therefore, even with the evident upward trend in switching to alternative renewable energy Moltisanti suggests that the pricing power of the petroleum/oil and gas industry will still increase in the foreseeable future Q. Is Moltisanti's suggestion on the pricing power of the petroleum/oil and gas industry in the coming future justifiable? Why

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