ExxonMobil – a weather-vane for the future

Another milestone has been passed in the decline of the oil and gas industry with Exxon Mobil now removed from the Dow Jones Industrial Average.  Historically the Dow consisted of heavy industries, manufacturing, and transportation, then oil and gas rose up, but they’ve now been replaced by global technology firms. Energy fossil fuel stocks have been declining since 2015, with a 35% dip last year as the broader market rose by nearly 20% (along with shares in major renewable energy fi