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So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Oil itself isn't endless too. Popularity of electric cars is not so high now to make oil price go down significantly. What really affect on the price is ability of US private companies to get oil. They become good competitor to Saudi, Russia and other sellers. So I bet the price for oil is between 40 and 60 $.