1/3 of the energy consumption in the states is due the military.
Of course electric motors will change that but technology is not far enough yet.
Topic: Are electric cars bad for the oil industry? - page 34. (Read 23655 times)
1/3 of the energy consumption in the states is due the military.
Of course electric motors will change that but technology is not far enough yet.
Of course they are, oil is going nowhere in the long run.
Yeah in the long run it is going to hurt them but the oil industry is already making enough money right now so if that is going to change in the future they should not complain. And oil is always going to be needed so it is not like they are going to be out of business.
I guess yes because there would be less demand for oil but electric cars are still an expensive thing and most countries in the world are not rich enough to adopt them on a wide scale. maybe in the near future when it became cheaper the consumers would choose to have ev.
No, it helps to limit the numbers of oil products need to used, also electric cars will help to our nature to lessen the pollution in the nation, moreover the oil prize will be down and it helps to the people to lessen their expenses. many of the people were avail the small prize.
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?
It is probably going to happen like this,if electric car will be more handful,cheaper and more popular than the regular ones.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 is that oil companies are trying to stop electic car's revolution to not lose their profits,what makes some kind of war between car companies.
But if cars are going to be dominated by electricity that is not going to be a stop for the oil industry.
But it will going to be a big loss for the oil industry.
if the cars are going to use electricity instead of oil.
Cars only make up moderate part of the oil consumption. Don't forget heating or large machines such as used in the military. Especially ships, jets, helicopters and tanks consume a lot of fuel.
1/3 of the energy consumption in the states is due the military.
Of course electric motors will change that but technology is not far enough yet.
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?
It is probably going to happen like this,if electric car will be more handful,cheaper and more popular than the regular ones.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 is that oil companies are trying to stop electic car's revolution to not lose their profits,what makes some kind of war between car companies.
But if cars are going to be dominated by electricity that is not going to be a stop for the oil industry.
But it will going to be a big loss for the oil industry.
if the cars are going to use electricity instead of oil.
yes, electric car are bad for the oil industry, the major oil companies greatly underestimate the impact electric vehicles will have on their market, That’s good news because greenhouse gas emissions from transportation are growing faster than in any other sector in the U.S. and account for about 30 percent of the total. A major shift to electrified vehicles in the transportation sector is necessary to give us a fighting chance to meet our climate goals.
Yet, just as EVs are poised for growth, oil industry interests are sharpening their knives. Energy companies, including Koch Industries, are increasing their public opposition to electric vehicles because they are realizing the significant potential impacts of EVs on oil demand.
Yet, just as EVs are poised for growth, oil industry interests are sharpening their knives. Energy companies, including Koch Industries, are increasing their public opposition to electric vehicles because they are realizing the significant potential impacts of EVs on oil demand.
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?
It is probably going to happen like this,if electric car will be more handful,cheaper and more popular than the regular ones.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 is that oil companies are trying to stop electic car's revolution to not lose their profits,what makes some kind of war between car companies.
Knowing that electric cars will be the future, the current companies selling their products to the cars will invest into the gree energy, soo in the end they will keep rulling the market of energy being electric or oil.
Some of these companies (mostly oil industry) cannot shift their activity, because it would send a signal that they don't trust what they are producing. What would you think if BP invested in solar energy ? 
The fate of electric car companies can change in a matter of minutes.
Tesla, which was the toast of the town after introducing a budget electric car, is facing problems with its autopilot.
https://www.theguardian.com/technology/2016/jul/01/tesla-driver-killed-autopilot-self-driving-car-harry-potter
http://www.freep.com/story/money/cars/2016/07/05/southfield-art-gallery-owner-survives-tesla-crash/86712884/
Tesla, which was the toast of the town after introducing a budget electric car, is facing problems with its autopilot.
https://www.theguardian.com/technology/2016/jul/01/tesla-driver-killed-autopilot-self-driving-car-harry-potter
http://www.freep.com/story/money/cars/2016/07/05/southfield-art-gallery-owner-survives-tesla-crash/86712884/
Knowing that electric cars will be the future, the current companies selling their products to the cars will invest into the gree energy, soo in the end they will keep rulling the market of energy being electric or oil.
Those in the oil industry must know that they are working with a finite resource, however the price will fluctuate wildly but the long term trend is up. It's just whether all the current systems that run on oil can be converted to other power sources before it runs out. Oil will be fine for a while, it's in a glut right now but that can tighten right up any day.
Electric cars are not directly bad for the oil industry because there will not be a moment where everybody is buying electric cars you know there willalways be people who are using normal benzine cars.
People are going to change and when it becomes less expensive to purchase a electric car much more are going to be sold.
Those in the oil industry must know that they are working with a finite resource, however the price will fluctuate wildly but the long term trend is up. It's just whether all the current systems that run on oil can be converted to other power sources before it runs out. Oil will be fine for a while, it's in a glut right now but that can tighten right up any day.
Electric cars are not directly bad for the oil industry because there will not be a moment where everybody is buying electric cars you know there willalways be people who are using normal benzine cars.
As long as something needs oil to be produced, I don't think that electric cars will be bad for the oil industry.
Those in the oil industry must know that they are working with a finite resource, however the price will fluctuate wildly but the long term trend is up. It's just whether all the current systems that run on oil can be converted to other power sources before it runs out. Oil will be fine for a while, it's in a glut right now but that can tighten right up any day.
Electric cars are not directly bad for the oil industry because there will not be a moment where everybody is buying electric cars you know there willalways be people who are using normal benzine cars.
|Off course are in some way electric cars bad for the oil industry can they also make oil industry disappear i dont think so because there will
always be people who dont want to drive in electric cars.,
always be people who dont want to drive in electric cars.,
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?
At the moment, i think that it will not affect the oil industry directly, but producing, for example, a Tesla car pollutes more the environment comparing to other vehicles.
ride a electric car like me i dont like it at all.
To certain extent oil industry gets affected by the electric cars, but sure they will be having alternate solutions. Both electric as well oil cars both have advantages and disadvantages. So something which reduces the disadvantages mostly the pollution needs to be given preference unlike the profit or loss.
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 surely affect the Oil industry, because there will be fewer cars that burn fuel, and less demand for Oil.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?
But, I think it will not have a huge effect on the Oil industry.
Maybe in the future there will be new energy sources.
Electric cars can be a good addition but there is no shortage of Oil in the world. Alone USA has reserve of OIL for the next 100 years. So making electric cars is good initiative but it is not because of oil Shortage.
Billion new cars with internal combustion engines by 2030 will require an additional 17 mb / d of oil and 55 million electric vehicles will be able to "take" only 1.8 mb / d in oil. The figures are not comparable.
The last 30 years, demand for oil will increase by 1.2 mb / d per year. To a significant impact on the demand for electric vehicles should take, for example, about 0.7 mb / d of the 1.2 mb / d. To do this, by 2030 electric cars have to park 250 mln. Pieces. That looks highly unlikely. And then, the demand for oil will still continue to grow for the remaining 0.5 mb / d. To completely stop the growth of oil consumption in 2030 will require 330 million. EVs.
Thus, the electric pressure on the oil industry will be hardly noticeable in the next 15 years and the idea of "waste oil" does not hold water. If you look for 2030, we can say with certainty that the demand for oil will continue to rise.
The last 30 years, demand for oil will increase by 1.2 mb / d per year. To a significant impact on the demand for electric vehicles should take, for example, about 0.7 mb / d of the 1.2 mb / d. To do this, by 2030 electric cars have to park 250 mln. Pieces. That looks highly unlikely. And then, the demand for oil will still continue to grow for the remaining 0.5 mb / d. To completely stop the growth of oil consumption in 2030 will require 330 million. EVs.
Thus, the electric pressure on the oil industry will be hardly noticeable in the next 15 years and the idea of "waste oil" does not hold water. If you look for 2030, we can say with certainty that the demand for oil will continue to rise.
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