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, Electric car is a threat to oil industry but in small percentage. Eventhough electric car is getting popular but the other transportations still using gasoline. For example, there's still no electric airplane and ship especially electric cargo ship. They are still rely on gasoline as fuel. I think the real biggest problem with oil industry is oil has limited availability and won't last forever. I hope there will be electric airplane and ship in the future.