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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?
Electric cars are good for the environment. It lessens air pollution. But maybe, this time it will not affect the oil industry. And if all will be using electricity, it will affect our electric consumption. Will the power plants could sustain our consumption? Maybe electric cars are popular but it is impossible to be used solely. And it may affect oil industries but slightly.