Topic: Are electric cars bad for the oil industry? - page 2. (Read 23588 times)
I am believe that oil industry still survive. Many people still using oil and many machine still depend on oil. But if oil price become low, its better because it will more power plant build and with that will increasing economic growth
There are bad because they doubt the monopoly of oil traders... I think that they will do their best to prevent electric cars from development...
Title.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
No because Electric Car is only limited it is only for short run it will not sustained for a long transportation so there's nothing to worry about the Oil Industry they will not affected to the new types of transportation.
Oil industry already in troble now, as the price go down significantly.. but as we know, oil industry wont last forever, Fossil fuels are non-renewable energy resources. Their supply is limited and they will eventually run out..
So, i think we might need the electric cars someday!
So, i think we might need the electric cars someday!
Stake is fixed.
Of course it is bad for oil industry. Cars are one of the main users of oil. We all know that if product loses the majority of its users, there is a possibility that it might fail. Electric cars will be one of the reason why oil will be much cheaper in the future. The demand for oil will be less and we will have a huge amount of supply of oil. The main problem is that it can cause an increase for the electricity price because the demand will be much higher. Either way, price will always depend on supply and demand.
Obviously electric cars are bad for oil industry. Electric cars are the future cars which are good for customers as well as environment. Even these cars have very low cost maintenance with 0% emissions of harmful gases. As we all know that now oil is a limited resource so electric cars are the best alternative for replacement with fule cars.
Electric cars are a threat to oil industry or oil companies because it may affect their business some countries may lessen their consumption of oil because of this electric cars and so this may affect the manufacturers of oil.
indeed many of which hinder existence of electric cars because it can threaten the oil industry. technological advances must exist that preclude especially those who are harmed, as well as cryptocurrency
I don't think so, anyway oil industry necessary for many differen spheres of life except cars. As far as i know electric cars also need oil somewhere, but i'm not sure.
That's not good because with the presence of more electric cars will make oil demand decrease. This is because the amount of unlimited resources is different from oil with limited resources.
Electric cars can't affect in oil industry because oil not use for car only ..many company needs oil for other machine..But I agree for modernization program.it helps air pollution.
Title.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Electric cars will be very bad to oil industry as i am very sure because it doesn't need oil to use electric cars and electric cars will be a great help to our air as it won't release gas that cause global warming. So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Of course they are, oil is going nowhere in the long run.
Your right oil will be nothing use for the cars, oil industry will fall. The use of electric cars are ecofriendly they dont emits dirty smokes that makes air polluted, but then the effect of it will really be bad for the oil industries, their profit were gained from cars, so if it happens to be electric cars, it has no use anymore.
Of course they are, oil is going nowhere in the long run.
Your right oil will be nothing use for the cars, oil industry will fall. The use of electric cars are ecofriendly they dont emits dirty smokes that makes air polluted, but then the effect of it will really be bad for the oil industries, their profit were gained from cars, so if it happens to be electric cars, it has no use anymore.
Title.
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
No , I think the invention of the Electric car will just be the prevention for the permanent scarcity of this world for oil which is getting lesser nowadays, probably oil companies will be in trouble but talking about the ecosystem ,we should be gald to know that people are seeing this opportunity to extend tge esistence of the oil for vehicles.
I wish I could buy an electric car, especially the powerful "full extra" Tesla, I've checked many reviews and it seems a good car.
But at the other side I saw that the expenses are pretty similar with the oil/petrol/diesel so the difference is the car itself instead of the fuel.
But the oil industry is pretty huge and time by time it will be decreased of course as the new trend of electric car is taking advantage and is highly stimulated by the government in some EU countries by giving free parkings and many advantages.
But at the other side I saw that the expenses are pretty similar with the oil/petrol/diesel so the difference is the car itself instead of the fuel.
But the oil industry is pretty huge and time by time it will be decreased of course as the new trend of electric car is taking advantage and is highly stimulated by the government in some EU countries by giving free parkings and many advantages.
Yes. Electric cars and cars have their own characteristics. Electric cars are difficult to replace in the short term.
With the current direction of the society to use alternative/sustainable or renewable energy. There will be a huge effect to the oil industry. But for sure, Factories are still heavily using it. There will be a huge impact but it will not be out of business. I'm sure oil company knows how to play the game, they have the money and for sure they have the way to take advantage both worlds.
Yes, it is not just about the cars that use it as a fuel but also the factory so the oil industry will be still sustainable and even there will be electric cars then it is not still the end for the oil industry since the factories and other types of places use oil because it is one of the most common way to produce energy like in the cars. 
With the current direction of the society to use alternative/sustainable or renewable energy. There will be a huge effect to the oil industry. But for sure, Factories are still heavily using it. There will be a huge impact but it will not be out of business. I'm sure oil company knows how to play the game, they have the money and for sure they have the way to take advantage both worlds.
No, not even close to killing the oil industry, because hydrocarbons will still be needed for jet fuel, long distance railroads, long haul trucks, bulldozers, ocean going ships, and other transportation. Oil and gas are also needed for plastics and fertilizer.The wide adoption of electric vehicles over the next 20-30 yearswill eventually cut oil demand by 60 to 80 percent, however, which will cause the price of oil to stay low compared to price of five years ago..Oil will still remain an important industry, but it will be much harder to base an entire nation's economy on oil. Electric cars will represent the vast majority of vehicle kilometers driven is most developed nations, but people and businesses will still have gasoline, diesel and hybrid vehicles, such as heavy trucks, off road vehicles, agricultural harvesters, construction equipment, vans, and buses. People who live in remote or mountain areas where the electrical power is expensive or fails frequently will also continue without pure electric vehicles.And I expect that people who take long trips which may occur at the same time as major holidays will also avoid pure electric vehicles, because charging stations on freeways will tend to saturate on holidays.If we look at these technology trends from the viewpoint of a nation like Venezuela, then Electrification will effectively kill off the oil industry as a major source of nation wealth.
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