you know what oil prices mean right?
[media=https://youtu.be/AQbmpecxS2w]
it means oil has effectively ceded the market to electric vehicles, they threw in the towel on competing against EVS.
And I've said this before but a lot of the Oil companies have been doing things ike buying solar panels in order to power oil drills.
which while it saves them money helps renewables gain a foothold and because of Swanson's law only ensures solar prices fall even further.
I know Gas prices are absolutely ridicolous presently and that there isn't anywhere near enough EV demand especially with how much they cost but things are changing.
I've said this before but we're in the middle of an absolutely staggering energy transition, the world of the future doesn't look anything like today.
and while I will ceed to those who will debate me on this that we will still need oil even if we end the Internal combustion engine, The ICE engine is on it's way out to being a relic of history.
and current Oil prices - well they represent an Oil industry that has given up.
because if they were still really trying to fight Tesla and everyone ese making EVS the most effective way to do so is to keep Oil cost low.
most oil demand IS in transportation, so a world where the internal combustion engine is on it's way out is one in which oil cost will PLUMMET and it's work force will be pushed into retirement,
the writing is on the wall the momentum of renewables is too high.
we are switching.
it means oil has effectively ceded the market to electric vehicles, they threw in the towel on competing against EVS.
And I've said this before but a lot of the Oil companies have been doing things ike buying solar panels in order to power oil drills.
which while it saves them money helps renewables gain a foothold and because of Swanson's law only ensures solar prices fall even further.
I know Gas prices are absolutely ridicolous presently and that there isn't anywhere near enough EV demand especially with how much they cost but things are changing.
I've said this before but we're in the middle of an absolutely staggering energy transition, the world of the future doesn't look anything like today.
and while I will ceed to those who will debate me on this that we will still need oil even if we end the Internal combustion engine, The ICE engine is on it's way out to being a relic of history.
and current Oil prices - well they represent an Oil industry that has given up.
because if they were still really trying to fight Tesla and everyone ese making EVS the most effective way to do so is to keep Oil cost low.
most oil demand IS in transportation, so a world where the internal combustion engine is on it's way out is one in which oil cost will PLUMMET and it's work force will be pushed into retirement,
the writing is on the wall the momentum of renewables is too high.
we are switching.
