this post was submitted on 02 Mar 2024
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489
1 in 5 new car sales globally were EVs in 2023, and that's curbed oil demand – IEA (electrek.co)
submitted 8 months ago by boem@lemmy.world to c/technology@lemmy.world
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[–] Underwaterbob@lemm.ee 30 points 8 months ago (4 children)

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

[–] erwan@lemmy.ml 17 points 8 months ago

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

[–] soggy_kitty@sopuli.xyz 10 points 8 months ago* (last edited 8 months ago)

Less supply does the opposite

[–] Kage520@lemmy.world 8 points 8 months ago (1 children)

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

[–] VirtualOdour@sh.itjust.works -2 points 8 months ago* (last edited 8 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?

[–] jabathekek@sopuli.xyz 5 points 8 months ago

Haha less demand means "refinery upgrades".