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.
No, but it will decrease as a last-ditch effort by the oil producing nations to mess with EV sales. But that will be temporary. Once EVs have largely replaced ICE cars, the gas station network will go through consolidation and gas will become an expensive luxury. The entire refinery and transport system will be reduced to a minimum and that will lead to massive price hikes.
Right. It’s hard to buy gas in the downtown of some cities today.
It won’t take long to change in cities when the land is worth $$$ and you can sell the liability of cleaning up contaminated soil from the diesel tanks.
A few stations will hold out until the end.
It’s going to be fascinating. Most of the power an EV uses comes from charging at home, so even without refueling stations people could make it work in a pinch. But refining your own gasoline is not going to happen, so when refueling stations become scarce it’s going to be a lot harder to own a gas powered vehicle than it was to own an early EV.
Still a number of years off, but I think it’s entirely possible that the change will occur more abruptly than we expect.
Adoption will definitely speed up over time. Norway has been a good indicator for this. Once gas stations start disappearing, people stop buying gas cars