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Feb 21, 2023
7:48
:31
am
Mike Honcho
All-American
If you assume all refineries are kept running, then probably a little bit. But I suspect some of the smaller and older
refineries - especially in states like CA - will start to be shut down rather than continue dealing with the hassle.
There isn’t much margin (usually) in refining.
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Mike Honcho
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BYUCoug11
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Mike Honcho
Joined
Feb 27, 2011
Last login
Sep 18, 2024
Total posts
55,092 (10,511 FO)
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Messages
Author
Time
Random question. As more and more people buy EVs, does gas prices slowly drop for ICE owners?
jacobugath
INSUFFERABLE KNOW IT ALL
2/21/23 6:48am
Oil cartels will just limit production somehow to keep profits up
chismoso
2/21/23 6:52am
Simply raise prices to make up for lost revenue
bluelands
2/21/23 7:07am
There actually is competition within the oil industry. There is no "they" who
Corn Pop
2/21/23 7:19am
Ok
bluelands
2/21/23 7:58am
You’re easy.
OmahaOmaha
2/21/23 8:09am
Yes there is.
joelvandyne
2/21/23 9:36am
You know what will happen to electricity costs with more EVs?
maxpowers
2/21/23 7:29am
No, electricity is free and easy to deliver anywhere in the world. All you have to do is pluck it out of the air.
John Doe
2/21/23 7:41am
RE: No, electricity is free and easy to deliver anywhere in the world. All you
md7Coug
2/21/23 7:56am
If you assume all refineries are kept running, then probably a little bit. But I suspect some of the smaller and older
Mike Honcho
2/21/23 7:48am
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