It's not 'my party'. I'm just trying to provide perspective for those who automatically blame the other side of the isle without trying to understand both sides.Biden had no impact
Oil is going away then ? So my neighbor just bought a $150,000 pontoon with a very fuel efficient 4 stroke engine.
One of my farmer friends just bought a $600,000 combine.
These will be replaced when by electric pontoons and combines ? When and how ?
Your party is also pushing to get rid of beef? You support that ?
EIA absolutely forecasts slowed growth in oil demand as alternative fuel demand outpaces ICE. Doesn't mean your Chevy Silverado is going to be obsolete (I think you know that and you're being facetious), but there is no doubt a trend in which states and federal policy are mandating fuel efficiency standards and transition away from fossil fuel dependency. BTW, the next administration won't roll that back as evident by big car manufactures (Ford, GM, etc.) moving forward with fuel efficiency standards despite Trump trying to roll them back. I think it's hard to argue that is a bad thing, right? to transition away from oil dependency and into cleaner alternatives.
And yes, still very much an in-progress effort but large equipment manufactures such as John Deere are already making & prototyping electric tractors and combines as they're aware of the forecasted demand and mandates.