RE: My friend the oil and its dangerous future - Market Predictions

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My friend the oil and its dangerous future - Market Predictions

in steemleo •  5 years ago 

Automotive fuel is just one use case.
50% of the oil will be used for other purposes anyway despite electric cars.

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Right, but the future is getting closer and we have a criterion of logical investors, so we can interpret a thesis that supports a decrease in the level of use of oil and its valuation in the market.

Its true that oil has diverse and multiple uses outside the automotive scheme, but it is also necessary to know this to estimate its price, supply and demand.

You said:

the new world is free of oil,

My friend, I concern in the automotive area:

"Judging technological and automotive growth, the new world is free of oil"