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Oil demand will fall mainly because petrol cars get driven less, not because they are replaced by electric ones.
Drawn from what Austin Vernon said
A private bookmark. Not a position, and never counted.
What Austin Vernon actually said
Word for word, with the source under each one. They did not write this page.
Engineer and investor who writes quantitative posts about…
Falling consumer oil demand looks much more like driving the Camry 6000 miles per year instead of 12,000 miles rather than a shiny new electric car in every garage or robot taxis swarming everywhere.
Where this was said
↗The Electric Car's Shrinking Role in Reducing Oil Demandaustinvernon.site
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Added to korrents 22 Mar 2022 · How quotes work · Something wrong? Tell us
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