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.
All of the oil producing nations plan on increasing their production over the next few years to increase their wealth. I doubt Opec can stop it this time. At some point that wealth generation thing fails. Oil won’t be sold at a loss for long though, so owning an electric car when it goes back up would be nice. Regardless of what gas prices do, I want to own an electric car.