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Transportation is still 92% petroleum https://www.eia.gov/energyexplained/?page=us_energy_home https://www.eia.gov/energyexplained/?page=us_energy_home It wil
by seren 8y ago
Transportation is still 92% petroleum
https://www.eia.gov/energyexplained/?page=us_energy_home https://www.eia.gov/energyexplained/?page=us_energy_home
It will take some times to replace all existing vehicules by EV. So it might be a bit early to ask the question.
- Retric 8y agoPrices are heavily linked to demand, further if demand starts to drop significantly some producers will try to dump as much as possible before their supply becomes 'worthless'. On the other hand many suppliers are rapidly running out of oil. IMO, it's going to get interesting.
- gm-conspiracy 8y agoIt is easier to convert an ICE to run on NG than electricity.