Break point...Patiently I wait the intial break point that should alter things. I think that is when USA starts selling 200-250k evs a month for awhile...but by end of 12months of 200-250k per months sales would likely change things on gas demand abit. 100k less gasoline much adds up over 365 days.
Right now USA sold 300k last quarter so USA still needs to at least double ev sales per month before things get interested from Ev aspect.
Not saying oil prices will remain depressed because of evs but what I am is that some correction likely caused by evs has to happen...to lower USA production...and then oil prices strengthen again.
OPEC is just trying to delay demand correction that Ev intially do.
Whether it is evs or renewables, its one more "double" of adoption and things become really noticable in data. If USA ever doubled their current wind capacity it would be noticable, for sure.