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ELK PETROLEUM LIMITED (ASX:ELK) - Electric Cars Will Cause the Next Oil Crisis, page-2 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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Electric Cars Will Cause the Next Oil Crisis, page-2

  1. Sargywargy
    163 Posts.
    lightbulb Created with Sketch. 3
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    27/03/16
    16:23
    Post #: 17366585
    Someone will be left holding the barrel.



    Not in my lifetime. For electric cars to take over the world, a massive transformation of service and accessibility needs to occur. People out in the country especially need oil for travel and I've never seen a electricity transfer station anywhere.

    Whilst the idea of transport being converted to electrical means is great in theory, oil will continue as the primary energy source for many many yrs.
    2023, bloombergs article is dreaming.
    ELK Price at posting: 7.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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