• peoplebeproblems@midwest.social
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    23 hours ago

    The oil industry cannot survive if EVs become too popular.

    Gasoline is almost half of every barrel of oil, and completely covers the cost of the oil, especially when oil prices are low like it currently is.

    Gasoline so vital to the oil industry that they spent billions on trying to find things that they can make from crude to get people reliant on, so as to have just that little bit more leverage if gas consumption is ever threatened.

    In the rest of the world, it doesn’t matter as much. Public transportation, bike paths and walk ways are already a thing. Gas is much more expensive in those places already. America roadways were designed to consume gas, great amounts of it.

    The EV is and has been their worst nightmare.