People use oil because it's practical, and relatively inexpensive. At least until recently - and the prices do not need to be this high. If they wanted to encourage more oil production, they could. Not many people can afford an electric car (if you can even find one).
The Saudis has been waiting for many years for this moment.
Economy of scale my friend. There’s not much difference in price between an ICE vehicle and an EV. Over the life of the vehicle, the EV is significantly cheaper in total cost.
If you want to talk, talk to your friends. If you want a girl to like you, listen to her, ask questions, and act like you are on the edge of your seat.
Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.
Lol. Where we gonna buy the other oil from?
Yeah I wonder what changed
There is something to be said about some countries looking for alternative monetary systems in order to get around American power, however the Chinese Yuan is the most monetary inflated currency if we are talking about major currencies. The Chinese economy is the most over leveraged and debt driven (in relative terms in their GDP) in history.
