@[email protected] to [email protected]English • 1 year ago1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.coexternal-linkmessage-square95fedilinkarrow-up1476cross-posted to: [email protected][email protected]
arrow-up1476external-link1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.co@[email protected] to [email protected]English • 1 year agomessage-square95fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish17•1 year agoHow many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
minus-square@[email protected]linkfedilinkEnglish49•1 year agoThey’ll lower production to introduce artificial scarcity.
minus-square@[email protected]linkfedilinkEnglish6•1 year agoThat’s why we need to hit peak oil fast. It will be a definitive fuck you to oil.
minus-square@[email protected]linkfedilinkEnglish11•1 year ago They’ll lower production to introduce artificial scarcity. Just like they have done many times in the past.
minus-square@[email protected]linkfedilinkEnglish28•1 year agoWhich is amazing news for the planet, they’re greedy though so they’ll probably try and keep it cheap enough to keep people using and maximize profit. It’s going to be interesting when a large enough portion of cars on the road are electric that gas stations start to lose enough business to thin out.
minus-square@[email protected]linkfedilinkEnglish3•1 year agoOil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.
minus-square@[email protected]linkfedilinkEnglish4•1 year agoYeah for the record I think it’s a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.
How many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
They’ll lower production to introduce artificial scarcity.
That’s why we need to hit peak oil fast. It will be a definitive fuck you to oil.
Just like they have done many times in the past.
Which is amazing news for the planet, they’re greedy though so they’ll probably try and keep it cheap enough to keep people using and maximize profit.
It’s going to be interesting when a large enough portion of cars on the road are electric that gas stations start to lose enough business to thin out.
Oil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.
Yeah for the record I think it’s a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.