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Breaking even eventually. I doubt they're going to suddenly just stop refining all of that oil. There will have to be a trend before the oil companies start low
by trose 12y ago
Breaking even eventually. I doubt they're going to suddenly just stop refining all of that oil. There will have to be a trend before the oil companies start lowering their output.
- seanflyon 12y agoA given car will either use refined gas or electricity. The point is those both use a similar amount of electricity, either way the impact on the grid is similar. Oil companies are not going to refine more gas than is used. They might refine more than is used on a particular day or even month, but they are not going to outpace demand on any long time scale.