What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars.

https://lemmy.zip/post/60756699

What happens if oil hits $200 a barrel? Alberta or Texas will be fine. But economies that don't produce oil are screwed. Especially those that depend on cars. - Lemmy.zip

Lemmy

Honestly we might see greater adoption of EVs because of this.
Not really. A new car is far too expensive to buy when compared to a few dollars more at the pump.
collectively, many new cars are bought each year. about 16m in US.