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re: Total Amount of People That Work in Oil and Gas
Posted on 10/23/20 at 9:02 pm to cwill
Posted on 10/23/20 at 9:02 pm to cwill
quote:
We will still prod oil but in lesser quantities. As EVs grow demand will decrease. 70% of oil goes to transportation.
I’m curious how long it would take to even bring 70% down to even 60%? Price of EV’s would have to be affordable for lower class and charging stations would need to be as common as gas stations even in rural areas or the technology would have to support long range travel.
2
Posted on 10/23/20 at 9:31 pm to Jeebus
A stroke of the pen and a ton of money we don’t have and cash for clunkers can be done for EVs.
Which party is more likely to do that?
Which party is more likely to do that?
Posted on 10/23/20 at 9:42 pm to Jeebus
quote:
’m curious how long it would take to even bring 70% down to even 60%?
Think about what a 5% moves does to oil $ and how much more shale becomes uneconomic.
quote:
Price of EV’s would have to be affordable for lower class and charging stations would need to be as common as gas stations even in rural areas or the technology would have to support long range travel.
Do you think everything has to happen at once? Or that infra will be built over time as the $ flows in?
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