RE: Fuel shortages.28 Sep 2021 13:09
Fuel supply issues will become increasingly prevalent, that is a forgone conclusion, irrespective of media hype. This has given people a foretaste of what is to come in the next decade as fuel supplies are run down. Widescale adoption of EVs is always going to be an exponential affair, with a number of triggers that all create feedback loops. Supply problems, price of EV's dropping, legislation making ICE less attractive, issues with E10/E20/E30/E50/E90 etc, all potential triggers. More EV's bought, less demand for fuel; less demand for fuel, less incentive to supply; dwindling supply, less incentive to buy ICE; more EV's bought ... Pouff. Demand for ICE vehicles drops through the floor, suddenly everyone is driving an EV. The stone is rolling and it will gather pace.