Electrical vehicles place strain on oil demand | Markets

Electrical cars place pressure on oil demand | Markets


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David Sheppard, the FT’s deputy commodities editor, discusses attainable scenarios for worldwide demand of electric autos and what effect this may have on the potential of oil prices.

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13 thoughts on “Electrical vehicles place strain on oil demand | Markets

  1. All those used batteries are going to bring power to rural areas. A few solar panels and an inverter and anyone can have power. All can be made cheaply in china or India.

  2. We need to keep buying oil. The oil companies will loose money. Its not fair to them. They will cry. Don’t be so mean. Don’t buy electric cars.

  3. How is electricity made? coal, natural gas fired , all oil based, and some hydro. Solar and wind power are marginal input. There is a cost of making electricity, which electric cars will need

  4. Did he really say truck demand.and Air lines..
    So this was made before Tesla showed off their semi truck or their boring machines. And their global Xspace city to city fights
    What people aren’t getting is the EV is a lot cheaper to run then an ICE… the truck will absolutely take over the trucking industry in a very short period of time because they are about 40% cheaper to operate then a ICE truck
    The diesel locomotives took over the steam locomotives in less then 18 months….
    People will scrap the totally good ICE cars for a EV because there more affordable

  5. Toyota and Suzuki collaborated in India for launch of EV. This would have happened early as Saudi made trillions and billions still going to terrorists. All countries should unite and bomb MECCA.

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