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.
In addition to “No, because it’s a cartel that controls supply” I would also say "No, because it’s useful in other contexts, like aviation, marine, and military equipment, and those needs aren’t going away quite so quickly.
Getting tailpipes off the road is a good and worthy goal but it’s not the end of gasoline refining.