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.
The price of gas isn’t determined by supply availability, it’s determined by the amount opec lets into the market. They’ll just ration it out to keep market supply low to artificially keep prices high so they get even richer. In fact, that’s literally what they’ve been doing for 3 years now. The US government has been using the strategic oil reserves to artificially keep them lower. We have already gone through HALF of our oil supply in just 3 years. Once they use it all up, that’s it. Get ready for $6+ a gallon gas.