RE:RE:RE:RE:Chevron and Exxon results I love on facebook energy groups in which oil and gas investors seem thrilled at 150 dollar oil ever coming....
Like wake up man...China is at 26% of all car sales in March being electric....they will burn coal instead of paying for oil....do we want to see China at 50% of EV sales per month...is that the plan too excite North American investors??? Confused:
According to EV Volumes' data shared by Jose Pontes, some 458,273 new passenger plug-in electric cars were registered in China in March, which is 118% more than a year ago and the second-highest monthly volume ever. For reference, that's about half of the global plug-in car sales.
Not only that, the share of plug-in cars improved once again, reaching 26%, including 21% for all-electric cars. The remaining 5% are plug-in hybrids.
kavern23 wrote: We are shooting oursleves in the foot as oil and gas investors if we are speeding up rapid EV adoption from 2030 to 2025....
This has to be reason Europe is okay with banning Russia oil...those Europe leaders are all climate changer zeolots. This will force a lifestyle change.
U.S. electric vehicle sales rose 76 percent in the first quarter, which was enough to double EVs’ share of the market to 5.2 percent, up from 2.5 percent in the first quarter of 2021, according to Kelley Blue Book. And that is basically with only Tesla and abit of Ford emustang available.
Big difference between now and Gulf War when huge geopolitical turmoil....more options exist.
Countries seem willing to burn more coal to power their EV's then suck a middle east Opec d*ck....
quote=JohnJBond]Rokan is hoping to increase production by 20,000 boe this year - hardly enough to make up for declines elsewhere.
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