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Old 07-14-2017, 10:35 AM
tjts1 tjts1 is offline
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Big Oil Just Woke Up to Threat of Rising Electric Car Demand - Bloomberg
Quote:
OPEC quintupled its forecast for sales of plug-in EVs, and oil producers from Exxon Mobil Corp. to BP Plc also revised up their outlooks in the past year, according to a study by Bloomberg New Energy Finance released on Friday. The London-based researcher expects those cars to reduce oil demand 8 million barrels by 2040, more than the current combined production of Iran and Iraq.
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