Getting under $60/bbl has been a big deal. But a lot of that has just been the economy slowing.
Comment on Trump Is Obsessed With Oil. But Chinese Batteries Will Soon Run the World
nutsack@lemmy.dbzer0.com 3 days ago
they are shutting down refineries all over the country because people aren’t buying as much gas as they used to
UnderpantsWeevil@lemmy.world 3 days ago
hanrahan@slrpnk.net 3 days ago
I saw an IEA (i think it was ) estimate that China reduced oil consumption by 1.6 million barrels a day already becase of their EV rollout (cars and buses).
nutsack@lemmy.dbzer0.com 3 days ago
I imagine electricity generation is also transitioning away from diesel
frongt@lemmy.zip 3 days ago
I don’t think anyone is using diesel for electricity generation except remote locations.
0x0@lemmy.zip 3 days ago
And backups.