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Political Discussion
Reply to "$7/gallon gas is coming"
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[quote=Anonymous]Remember that gas prices are driven by international prices. Europe is likely to move much faster toward electrification. It’s likely to get there quicker for commercial, larger buildings and vehicles as it did for cell coverage and adoption. Individual homes will be a challenge in areas with very old homes and old electrical. When Europe moves off oil, it will lessen demand lowering international prices. If Russia remains a pariah bogged down in a protracted battle with its neighbors, it’s oil will only be sold to China Eck China will get it cheap but it will also take China out of the buyers market for non pariah oil. Oil prices are likely to be volatile for awhile.[/quote]
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