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I wonder how the Saudis and company will respond once EVs become as reliable as ICVs? Mind you, I don't see an EV 18-wheeler taking over any time soon, but I ca
by norea-armozel 11y ago
I wonder how the Saudis and company will respond once EVs become as reliable as ICVs? Mind you, I don't see an EV 18-wheeler taking over any time soon, but I can see an EV sedan becoming the dominant vehicle in most of suburbia in the next decade. I think their attempt to kill shale oil is a bad move. They should be focused on maximizing the value of their reserves while they have time to do it. A soft landing should be preferable to a hard one where most oil becomes more or less a junk commodity (excluding plastics).
Also, I wonder how does all this factor in with regard to other renewables (just solar and wind, no fusion since that's a crap shoot either way). Any ideas where that may lead?
- lttlrck 11y agoEven if they do kill shale oil, the reserves will still be there waiting to be exploited in future.
- norea-armozel 11y agoThat's true, but I wonder if their game includes buying them out then? At least when they go under or are nearly bankrupt.