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Topic: Are electric cars bad for the oil industry? - page 30. (Read 23655 times)

full member
Activity: 276
Merit: 100
November 23, 2017, 12:00:39 AM
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?

I don't think so if the electric cars maybe use in the world. If that may happen,  oil industry is in big trouble.
sr. member
Activity: 378
Merit: 250
November 22, 2017, 11:46:47 PM
Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.


It isn't as good as you think because electricity energy isn't clear until humanity use only renewable energy sources. There are also a lot of problems with accumulators for EV, but most people don't know about it.

EV is good for enviroment only if you buy EV as your first car. You shouldn't change your oil car on electric vehicle...

For me Electronic vehicles or any other renewable kind of energy is the future of transportation, at first there a lot of problems of course as there is no perfect thing in the beginning it requires a lot of hardship that will eventually paid off in the future. I think gasoline cars are long overdue that only supported by big time oil business man that taking advantage since then.

Just wait for the Tesla company to improve their electronic vehicles day by day until it will become mainstream just like the well known brand of oil cars today.
sr. member
Activity: 658
Merit: 250
November 16, 2017, 10:39:49 AM
electric cars are the future of cars and i would says yes these things bad for the oil industry because if electric cars has already mass produced
i think people will more likely use these cars and will leave gasoline-fueled cars


Definitely electric cars are bad or a threat to oil industry because if electric cars will dominate the road, then the oil suppliers of all the oil companies will no longer have the chance to have many sales because people will not gasoline and diesel anymore. So maybe the only oil the can sell is the petroleum gas for cooking and not for car engines anymore.
member
Activity: 154
Merit: 10
November 16, 2017, 10:03:52 AM
Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.


It isn't as good as you think because electricity energy isn't clear until humanity use only renewable energy sources. There are also a lot of problems with accumulators for EV, but most people don't know about it.

EV is good for enviroment only if you buy EV as your first car. You shouldn't change your oil car on electric vehicle...
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
November 16, 2017, 09:44:01 AM
of course yes because electric cars can reduce revenue in the oil industry, but it would be even better because we know own electric cars are very environmentally friendly so while the oil industry is one of the contributors to air pollution ...
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
November 16, 2017, 09:28:10 AM
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?

Yes and I think it is for the best. Oil will run out eventually in the future and it destroys a huge portion of the environment. I think every country should adapt to renewable energy resources not just to cars but to almost everything that we need to regain the earth's environmental condition.
hero member
Activity: 756
Merit: 505
November 16, 2017, 09:15:28 AM
I like to try. I also like to support some projects. if there is such a project related to mining I can support it. it is not something that will not happen when the necessary conditions are met. but the profits you make should not consist solely of numerical data. Sometimes it seems to be cheaper that it can cost you more. why do not you use natural energy sources in energy.
member
Activity: 62
Merit: 10
November 16, 2017, 09:07:30 AM
     I don't think that electric cars are bad for the oil industry, because as of now, cars is not the only thing that consumes fuel. Also the electric charge used by these electric cars came from power plants which is powered by oils, so the result is the same. It only changes flow of distribution of fuels but not the amount of usage.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
November 16, 2017, 08:44:51 AM
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?

Theoretically speaking, this is certain. When there are electronic vehicles around I bet the oil industry will suffer. On the other hand, electrical power industries will be more successful due to this. Also, we can now lessen the air pollution.
sr. member
Activity: 364
Merit: 252
November 16, 2017, 08:10:34 AM
Burning a gallon of gasoline produces about 19.6 pounds of carbon dioxide.

In 2016, total U.S. carbon dioxide emissions from aviation and motor gasoline combustion were about 1,147 million metric tons, or about 22% of total U.S. energy-related carbon dioxide emissions.

Gasoline is not good for the mother nature.
member
Activity: 280
Merit: 10
November 15, 2017, 05:55:09 AM
Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.

No it’s not true still we need oil and the use of oil is very important for world even if all cars are converted to electric after that still the use oil will be more important for world because here are a lot of things in world which are working on oil so I think nothing will happen to oil and its importance will be still high same like before.
legendary
Activity: 896
Merit: 1000
November 14, 2017, 03:48:45 PM
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?
The problem with the electrical cars is that they pollute more than the traditional one, because of their accumulators, as much as i know they can't be destroyed and i dont think that they can be recycled, we are talking about lithium. Regarding the oil industry, they make a lot of lobby to make hard the transition from gasoline to electric car (price of the vehicle, charging stations and so on.)
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
November 14, 2017, 03:44:55 PM
They can't be bad. Besides cars there are many other mechanisms that use oil to work.
Yes their are many things that are needed oil in order to work. The car is one of the things that contributed pollution in our world and also they are the most users of oil that's why it is better to make some modernization in our car in order to prevent the pollution and the high consumption of oil and use electricity to work it.
legendary
Activity: 1050
Merit: 1000
November 14, 2017, 03:35:01 PM
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?

Many governments started to produce environmentalist vehicles. One of them is electric car which is not good for oil industry. People want to leave petrol or oil because of negative effects of them. Sustainability is very important in this century.
full member
Activity: 588
Merit: 100
November 14, 2017, 11:31:36 AM
of course oil price will be affected but anyways that's why we are humans.  we survive by modification and adjustment. We cannot depend on oil forever. We will one day find another use for oil if it gets that bad and by the way who knows, how long are electric going to last??...something might replace it without even a notice..that's what our world is turning into. continuous inventions
hero member
Activity: 560
Merit: 502
November 14, 2017, 11:08:01 AM
They can't be bad. Besides cars there are many other mechanisms that use oil to work.
jr. member
Activity: 52
Merit: 10
November 14, 2017, 10:49:03 AM
For my own opinion electric cars are not totally bad for the oil industry because not all the people are capable to have electric cars. But when it comes in the future that electric vehicle use by many, we also need oil to have electricity.
ask
legendary
Activity: 1386
Merit: 1004
November 14, 2017, 04:41:19 AM
Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
November 14, 2017, 03:24:00 AM
I think that they are bad for oil industry because electric cars will give a huge damage in the oil industry and because of that, the oil industry might go down and have a huge losses and the time for electric unit like cars or motors will boom and that is the result of change because the only consistent in this world is change and right now it is slowly going into the era of technology.
sr. member
Activity: 490
Merit: 250
November 13, 2017, 11:37:23 PM
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?
Cars is only a portion of the total vehicles that uses gasoline. At the moment it does not by all means affect the price of gasoline and the oil industry.
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