Post
Topic
Board Economics
Re: Are electric cars bad for the oil industry?
by
doraegun
on 10/04/2018, 07:46:04 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 because Electric Car is only limited it is only for short run it will not sustained  for a long transportation so there's nothing to worry about the Oil Industry they will not affected to the new types of transportation.