Bank of America: Oil Demand Growth to Hit Zero Within a Decade, EVs the Culprit
Green Car Congress
FEBRUARY 7, 2019
I fully anticipate we’re going to keep a lot of pressure on that cobalt production,” Ted Miller, head of energy storage strategy and research at Ford, said at a mining event in South Africa. Slower economic growth would put a dent in oil prices via lower demand, but a lower price itself could keep consumers hooked.
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