Post
Topic
Board Economics
Re: Are electric cars bad for the oil industry?
by
King Sastro
on 25/02/2018, 17:26:29 UTC
Title.

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?

If it is ordered by the government and be mandatory to use electric cars, oil companies will probably closed.

Of course this is not easy because there will be enormous pressure from the great power of the company to the government, we all know that the oil industry is supported by many countries and it is a strange thing if they make electric cars easier.