A Rapid Phaseout of Oil is not likely

Oil prices as low as we have seen in1973, full storages, and weak demand are often used as an argument by renewable energy advocates to prove that oil is on a rapid phaseout.

Car world after Porsche Tycan

First, attempts to use electricity as a power source for cars are already a century old. Then came Musk with Tesla with roadster and Model S with ludicrous mode and then…