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It's the oil infrastructure that will affect them, because it's global. If that goes away...
by JulianMorrison 4y ago
It's the oil infrastructure that will affect them, because it's global. If that goes away...
- wongarsu 4y agoIt won't go away, but there's good chances fuel gets a lot more expensive as production scales back.
- JulianMorrison 4y agoWhich is another feedback loop, high cost, shrinking demand, shrinking supply, rising cost. Also oil has high fixed costs. Stations, tanker trucks, refineries. Fewer customers carrying them means they rise as a percentage of purchase price.