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Why The Electric Car Boom Could Cause Another Oil Price Crash - OilPrice.com
Vox | Why The Electric Car Boom Could Cause Another Oil Price Crash OilPrice.com Reducing global oil demand by 2 mb/d may not seem like much, but it is equivalent to the supply overhang that triggered the 2014 oil price meltdown. It does not take a massive discrepancy between supply and demand to crash prices. The report also cites ... We're probably underestimating how quickly electric vehicles will disrupt the oil market Electric Cars Could Totally Disrupt the Oil Market Within a Decade, Researchers Say Electric Cars Won't Cause Another Oil Price Crash - The Change Simply Will Not Be Fast Enough |
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