Comments by "Scott Franco" (@scottfranco1962) on "Electric Cars Could Wreak Havoc on Oil Markets Within a Decade" video.

  1. A good documentary, but wrong on at least one point. After the S-curve takeoff, which will result in only about %25 of new cars being sold as pure EVs, the net result will be the USA becoming a net oil exporter, and changing our trade deficits from negative to positive, since the biggest contributor to trade deficits is foreign oil purchases. This will be a bigger positive effect on the USA than any other country in the world, since we are the only ones that both produce huge quantities of oil but also use huge quantities. The biggest losers in the oil market are oil dependent nations such as Saudi Arabia, Venezuela, Canada and others. Thus the biggest side effect is the acceleration of war and regime changes around the world as such countries loose their power to effectively bribe their populations into quiescence.
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