Post
Topic
Board Economics
Re: Some day gas and crude oil will be a thing of the past
by
adaseb
on 22/08/2025, 06:11:40 UTC
Some day gas and crude oil will be a thing of the past. With innovations here and there. In your own opinion what will replace gas and crude oil in the international market.

This is obvious. Obviously we are moving towards Electric Vehicles. Many countries are having EV mandates and pretty much forcing people to buy electric vehicles. Its actually one of the reasons why Elon and Trump had that fight a few months back.

Trump doesn't want to force people to buy electric cars. Many other governments like in Canada, have these mandates and they want to force people to buy cars that nobody wants. I think in Canada something like less than 5% vehicle sold are electric and they want to raise that number to 20%.

EV doesnt work for everybody. For one you need a house to charge it, you can't charge it in an apartment building or if you park on the street. And many just dont want to deal with the new technology and have trouble finding a mechanic to work on it, if something breaks.