this post was submitted on 02 Mar 2024
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1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEA (electrek.co)
submitted 9 months ago by boem to c/technology
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[–] [email protected] 30 points 9 months ago (4 children)

Doesn't less demand mean cheaper gas? That sure hasn't happened here.

[–] [email protected] 17 points 9 months ago

Maybe it didn't go up as fast because of it

[–] [email protected] 10 points 9 months ago* (last edited 9 months ago)

Less supply does the opposite

[–] Kage520 8 points 9 months ago (1 children)

If you're in America, wait until closer to the election

[–] [email protected] -2 points 9 months ago* (last edited 9 months ago)

It's a Democrat in, they'll want to wait until after the election so they can try get the anti climate party in instead

Edit - do people not get that I'm saying oil companies favor the gop or do you all disagree?

[–] [email protected] 5 points 9 months ago

Haha less demand means "refinery upgrades".