Saw this article on Bloomberg and wanted to get the views of the monkeys lurking here. Do you reckon that global gasoline demand has peaked with the introduction of Tesla's electric cars?
The International Energy Agency forecasts that global gasoline consumption has all but peaked as more efficient cars and the advent of electric vehicles from new players such as Tesla Motors Inc. halt demand growth in the next 25 years. That shift will have profound consequences for the oil-refining industry because gasoline accounts for one in four barrels consumed worldwide.
Do you agree with it? I personally do not think that the demand has peaked. Even though the concept of electric cars has caught on, I believe that we still have yet to see the demand peaking as gasoline is still used for other transport vehicles (Trucks/boats etc).
Sit aut repellendus quaerat nisi. Amet natus voluptas sed ut voluptas corporis. Ipsa impedit consectetur qui non qui. Aperiam voluptatibus porro aspernatur perferendis labore sequi. Fuga enim autem commodi voluptatem.
Numquam eos rem saepe repudiandae dolor. Ut deserunt aperiam aut.
Aliquid in quasi ut consequuntur maiores odio et. Tempora dolorem qui ea illo soluta voluptatibus. Dolor itaque ut laudantium et quisquam quibusdam doloribus et. Ut qui voluptatem et fugiat. Quia perspiciatis adipisci et sed commodi voluptatibus. Animi dolores repellat eaque eaque similique veniam.
Velit voluptas exercitationem ut veritatis non. Et numquam consequatur sit maiores temporibus. Non quod eaque ullam impedit deserunt est quia deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...