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by seren 2934 days ago
Transportation is still 92% petroleum

https://www.eia.gov/energyexplained/?page=us_energy_home

It will take some times to replace all existing vehicules by EV. So it might be a bit early to ask the question.

2 comments

Prices are heavily linked to demand, further if demand starts to drop significantly some producers will try to dump as much as possible before their supply becomes 'worthless'. On the other hand many suppliers are rapidly running out of oil.

IMO, it's going to get interesting.

It is easier to convert an ICE to run on NG than electricity.