boem@lemmy.world to Technology@lemmy.worldEnglish · 10 months ago1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.coexternal-linkmessage-square92fedilinkarrow-up1507arrow-down116cross-posted to: news@lemmy.worldworldnews@lemmit.onlineevs@lemmy.world
arrow-up1491arrow-down1external-link1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEAelectrek.coboem@lemmy.world to Technology@lemmy.worldEnglish · 10 months agomessage-square92fedilinkcross-posted to: news@lemmy.worldworldnews@lemmit.onlineevs@lemmy.world
minus-squarephilpo@feddit.delinkfedilinkEnglisharrow-up4·10 months agoOil 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-squareR00bot@lemmy.blahaj.zonelinkfedilinkEnglisharrow-up4·10 months agoYeah 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.