Pay attention folks--It ain't that we are using less oil--it's that there is now too much oil.
Fracking in north America has made the US the second largest producer of oil in the world.
For every electric car that the developed world buys--the rest of the world puts 3 gas burners on the road.
Where do you think electricity to run the Eco friendly cars comes from? It's produced by burning a fuel. Coal was the favorite fuel to produce electricity--but now it's natural gas.
Fracking is north America has produced an over supply of that too.
Pay attention folks--It ain't that we are using less oil--it's that there is now too much oil.
Fracking in north America has made the US the second largest producer of oil in the world.
For every electric car that the developed world buys--the rest of the world puts 3 gas burners on the road.
Where do you think electricity to run the Eco friendly cars comes from? It's produced by burning a fuel. Coal was the favorite fuel to produce electricity--but now it's natural gas.
Fracking is north America has produced an over supply of that too.