On the recordMay 15, 2023
If we were able to miraculously snap our fingers, and if every single American drove an EV tomorrow, we would only decrease the demand of a barrel of oil by 8 percent.
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congress.govIf we were able to miraculously snap our fingers, and if every single American drove an EV tomorrow, we would only decrease the demand of a barrel of oil by 8 percent.
Hunt cites Bill Gates on the limited impact of electric vehicles on oil demand.
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I think, by and large, it is good. Obviously, there can be some downside, as well.
During the Obama administration, the numbers did not fluctuate in any unusual manner.
It seems organic, right? Just some college kids protesting like it was back in the 1960s and 1970s, same song, different verse.