Post
Topic
Board Economics
Re: Are electric cars bad for the oil industry?
by
Bohxz M4p4gm4h4l25
on 04/04/2018, 13:15:29 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?

No , I think the invention of the Electric car will just be the prevention for the permanent scarcity of this world for oil which is getting lesser nowadays, probably oil companies will be in trouble but talking about the ecosystem ,we should be gald to know that people are seeing this opportunity to extend tge esistence of the oil for vehicles.