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We're talking about a hypothetical future where total gasoline consumption is trending down. In that world, bitumen is no longer a waste product, and starts ha
by michael1999 4y ago
We're talking about a hypothetical future where total gasoline consumption is trending down. In that world, bitumen is no longer a waste product, and starts having to carry the price of extraction and pipeline cost. That would make new highways much more expensive.
The likelihood and timeframe of that future is a separate issue, and I'm not holding my breath. Even if Europe really does ban new ICEs in the the 2030s, there's a long tail to to it.