The Middle East war “is creating the largest supply disruption in the history of the global oil market,” as Iran’s chokehold on regional supplies forces Gulf oil producers to slash production, the International Energy Agency said Thursday, March 12.
In its latest market report, the IEA said crude oil production was currently down by at least 8.0 million bpd (barrels per day), with an additional 2.0 million related to petroleum products including condensates shut off.
So I should go buy a small EV right away.
A younger end of elderly relative was consulting with me this week about intended “small” SUV purchase because I’m the family car guy and just couldn’t comprehend that I recommend an EV because they hate “car stuff”. So they ordered a 28mpg “truck” to get groceries. Oil lobby is so strong.
Ew. My only gripe with EVs is it seems the manufacturer mentality has got it in their heads that they need even more control over the vehicle. I wish I could buy a vehicle that isn’t married to a manufacturer.