NewEnergyNews: Oil Companies Uneasy As EVs Rise

NewEnergyNews

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YESTERDAY

  • FRIDAY WORLD HEADLINE-Three Top Takeaways From The Bonn Climate Summit
  • FRIDAY WORLD HEADLINE-Seven Global New Energy Trends
  • FRIDAY WORLD HEADLINE-World’s First Floating Wind Project Goes Online
  • FRIDAY WORLD HEADLINE-VW Commits $11.8BIL EV Spend In China
  • THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, November 16:

  • TTTA Thursday-Big Thumbs Up For Gore’s ‘Inconvenient Sequel’
  • TTTA Thursday- Trends In Global New Energy Through 2040
  • TTTA Thursday-How Wind Energy Learned To Be Better
  • TTTA Thursday-The Secret To See-Through Solar
  • THE DAY BEFORE THE DAY BEFORE

  • ORIGINAL REPORTING: Does New Energy threaten power reliability?
  • ORIGINAL REPORTING: How the Colorado decoupling proposal united Xcel and distributed energy advocates
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: How Distributed Solar Is Cutting Aussie’s Power Costs
  • QUICK NEWS, November 14: Green Roofs To Fight Climate Change; Solar Tariffs Threaten National Security; Unions Back Great Lakes Wind
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: U.S. Solar Is Growing Diversity With Power
  • QUICK NEWS, November 13: Sponge Cities Can Help The Climate Fight; Surf’s Down – Wave Power Travails; Powering Homes With Car Batteries
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

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  • WEEKEND VIDEOS, November 18-19:

  • Global New Energy To Boom Through 2040
  • The Power Of The Sun
  • World’s First Floating Wind Project

    Thursday, February 16, 2017

    Oil Companies Uneasy As EVs Rise

    Electric Car Frenzy Putting Oil Companies On Edge

    James Burgess, February 15, 2017 (Oil Price via Yahoo Finance)

    "The massive wealth of the 20th century was all about the oil boom, but the 21st century is going to be about lithium as electric vehicles move in to replace traditional vehicles…The global economic implications are vast and far-reaching…[For investors, the] implications are potentially very lucrative…[ Bloomberg predicts EVs could take hundreds of billions of dollars in fossil fuel producers’ value] in the next decade…We may have already seen U.S. gasoline demand peak, and future demand may be in a state of permanent decline, in large part because electric vehicles are becoming cheaper and hitting the mainstream…[Electric vehicles could replace] 2 million barrels per day of oil demand by 2025…[The oil supermajors have seen this energy revolution coming and auto] giants are now convinced that EVs—despite the long road to the finish line—will overtake the internal combustion engine sooner than you might think…” click here for more

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