Are electric cars bad for the oil industry?

[alj024]

For my own opinion electric cars are not totally bad for the oil industry because not all the people are capable to have electric cars. But when it comes in the future that electric vehicle use by many, we also need oil to have electricity.

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[Sundark]

They can't be bad. Besides cars there are many other mechanisms that use oil to work.

[acheampong64]

of course oil price will be affected but anyways that's why we are humans.  we survive by modification and adjustment. We cannot depend on oil forever. We will one day find another use for oil if it gets that bad and by the way who knows, how long are electric going to last??...something might replace it without even a notice..that's what our world is turning into. continuous inventions

[z38630610]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

Many governments started to produce environmentalist vehicles. One of them is electric car which is not good for oil industry. People want to leave petrol or oil because of negative effects of them. Sustainability is very important in this century.

[Nasty23]

They can't be bad. Besides cars there are many other mechanisms that use oil to work.

Yes their are many things that are needed oil in order to work. The car is one of the things that contributed pollution in our world and also they are the most users of oil that's why it is better to make some modernization in our car in order to prevent the pollution and the high consumption of oil and use electricity to work it.

[innocent93]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

The problem with the electrical cars is that they pollute more than the traditional one, because of their accumulators, as much as i know they can't be destroyed and i dont think that they can be recycled, we are talking about lithium. Regarding the oil industry, they make a lot of lobby to make hard the transition from gasoline to electric car (price of the vehicle, charging stations and so on.)

[Blue Bell]

Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.

No it’s not true still we need oil and the use of oil is very important for world even if all cars are converted to electric after that still the use oil will be more important for world because here are a lot of things in world which are working on oil so I think nothing will happen to oil and its importance will be still high same like before.

[freeyourmind]

Burning a gallon of gasoline produces about 19.6 pounds of carbon dioxide.

In 2016, total U.S. carbon dioxide emissions from aviation and motor gasoline combustion were about 1,147 million metric tons, or about 22% of total U.S. energy-related carbon dioxide emissions.

Gasoline is not good for the mother nature.

[acener]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

Theoretically speaking, this is certain. When there are electronic vehicles around I bet the oil industry will suffer. On the other hand, electrical power industries will be more successful due to this. Also, we can now lessen the air pollution.

[attentionSicker]

     I don't think that electric cars are bad for the oil industry, because as of now, cars is not the only thing that consumes fuel. Also the electric charge used by these electric cars came from power plants which is powered by oils, so the result is the same. It only changes flow of distribution of fuels but not the amount of usage.

[trako]

I like to try. I also like to support some projects. if there is such a project related to mining I can support it. it is not something that will not happen when the necessary conditions are met. but the profits you make should not consist solely of numerical data. Sometimes it seems to be cheaper that it can cost you more. why do not you use natural energy sources in energy.

[The Alchemlst]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

Yes and I think it is for the best. Oil will run out eventually in the future and it destroys a huge portion of the environment. I think every country should adapt to renewable energy resources not just to cars but to almost everything that we need to regain the earth's environmental condition.

[Tumanggor]

of course yes because electric cars can reduce revenue in the oil industry, but it would be even better because we know own electric cars are very environmentally friendly so while the oil industry is one of the contributors to air pollution ...

[BitCare]

Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.

It isn't as good as you think because electricity energy isn't clear until humanity use only renewable energy sources. There are also a lot of problems with accumulators for EV, but most people don't know about it.

EV is good for enviroment only if you buy EV as your first car. You shouldn't change your oil car on electric vehicle...

[btcjocan]

electric cars are the future of cars and i would says yes these things bad for the oil industry because if electric cars has already mass produced
i think people will more likely use these cars and will leave gasoline-fueled cars

Definitely electric cars are bad or a threat to oil industry because if electric cars will dominate the road, then the oil suppliers of all the oil companies will no longer have the chance to have many sales because people will not gasoline and diesel anymore. So maybe the only oil the can sell is the petroleum gas for cooking and not for car engines anymore.

[jekjekman]

Electric cars are good for our earth so who cares those greedy oil manufacturers? We don't need oil for energy we can solve all energy problems with naturel green energy sources.

It isn't as good as you think because electricity energy isn't clear until humanity use only renewable energy sources. There are also a lot of problems with accumulators for EV, but most people don't know about it.

EV is good for enviroment only if you buy EV as your first car. You shouldn't change your oil car on electric vehicle...

For me Electronic vehicles or any other renewable kind of energy is the future of transportation, at first there a lot of problems of course as there is no perfect thing in the beginning it requires a lot of hardship that will eventually paid off in the future. I think gasoline cars are long overdue that only supported by big time oil business man that taking advantage since then.

Just wait for the Tesla company to improve their electronic vehicles day by day until it will become mainstream just like the well known brand of oil cars today.

[mr_enoc]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

I don't think so if the electric cars maybe use in the world. If that may happen,  oil industry is in big trouble.

[Fulmand]

Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?

I don't think so if the electric cars maybe use in the world. If that may happen,  oil industry is in big trouble.

Definitely it can affect electric cars to oil industries in the intire world because the electric cars is eco-friendly. Pollution is number one problems in our society so with that electric engine this will the answers in climate change, to take over to oil machinery it would be much better design. I am supported with this plan that it will soon to be best design ever made.

[thecoder2017]

If car industries produce more electric cars it affects oil companies because cars don't use oil already and so the consumption of oil entire the world will lessen and that affects the oil companies

[diegz]

If car industries produce more electric cars it affects oil companies because cars don't use oil already and so the consumption of oil entire the world will lessen and that affects the oil companies

In my opinion, it is not just car that uses oil, power generators also use oil, though it could affect their production and the industry, I am sure that it will still survive and probably would still live long years.

As long as there is a demand, oil industries will always be alive, and probably would come a time that we might drain the earth's fuels before we stop drilling.