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.
As long as the US exports either gas or oil, then no. see below:.
Characteristic Exports in thousand barrels per day
2018 7,601
2017 6,376
2016 5,261
2015 4,738
now if that were turned into gasoline and sold here…