Electric Cars Could Wreak Havoc on Oil Markets Within a Decade

Transcript

The world is running out of oil. At least that was the idea behind the “peak oil” hypothesis that dominated economic thinking for decades. But it turns out that with fracking, deep-water drilling, and oil sands, there’s a lot more oil in the world than we once thought. The old “peak oil” theory ain’t happening. But what if instead of running out of... Read More