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As demand for gas (oil) goes down, or even as projected future demand goes down, it will make less sense to invest in extraction, which should counteract that d
by tempestn 10y ago
As demand for gas (oil) goes down, or even as projected future demand goes down, it will make less sense to invest in extraction, which should counteract that drop in price at least to some extent. Also eventually filling stations will become less common. I could see some downward pressure on fuel prices, but I expect other effects will outweigh it, and adoption of electric vehicles will accelerate.