this post was submitted on 02 Mar 2024
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How many EVs will it take for fuel prices to start decreasing? Or do prices only react to increased demand 🙃
Oil is not produced at maximum rate since the 70ies - which is good. (OPEC) We technically could produce much more and cheaper - but not for long.
Yeah for the record I think it's a good thing, but wanted to point out how the supply/demand system so often finds ways to keep screwing the consumer when demand reduces.