Just a random musing. As EV’s become more popular, means less gas being used, means potentially lower prices since supply of gas should increase? Or do they just cut production and keep prices the same.
Wondering what will happen in the long term.
Just a random musing. As EV’s become more popular, means less gas being used, means potentially lower prices since supply of gas should increase? Or do they just cut production and keep prices the same.
Wondering what will happen in the long term.
you need to also remember the petrol: diesel car ratio has also gone through the roof.
diesel used to be cheap as is was a by-product of the first run petrol process.
it was pushed in Europe as Europe had not have much oil but lots off refining.(ironicly i think only diesle russia was the main refined import)
re-cracking diesel into something else is going to push up refining costs.