boemtoTechnology@lemmy.worldEnglish·8 months agocross-posted to: news@lemmy.world1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEA(electrek.co)external-linkarrow-up1507arrow-down116message-square98fedilink
arrow-up1491arrow-down1external-link1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEA(electrek.co)boemtoTechnology@lemmy.worldEnglish·8 months agocross-posted to: news@lemmy.worldmessage-square98fedilink
minus-squarephilpoEnglisharrow-up4arrow-down0·8 months agolinkfedilinkOil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.
minus-squareR00botEnglisharrow-up4arrow-down0·8 months agolinkfedilinkYeah for the record I think it’s a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.
Oil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.
Yeah for the record I think it’s a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.