SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Driverless autos, trucks, taxis etc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Sam4/20/2017 7:58:53 AM
   of 567
 
Here is oilprice.com's take on how it will affect fossil fuel use.

Will Autonomous Cars Transform The Energy Industry?
By Andreas de Vries & Salman Ghouri - Apr 19, 2017, 3:24 PM CDT
oilprice.com

excerpt:

As we documented in “The Second Automotive Revolution: Implications for the Oil Industry”, self-driving cars will simply offer a better value proposition than the conventional car. Most people see the act of driving as a necessary waste of time and would rather spend that time doing something else – which self-driving cars will make possible. Self-driving cars will also reduce road congestion since they improve the flow of traffic, drive more safely thus reducing the number of congestion-causing accidents, and require less distance between them for safe driving so more of them can fit onto any given stretch of road. Furthermore, as an estimated 30 to 60 percent of cars driving in the inner city are simply looking for parking, self-driving cars will reduce the burden on existing roads and solve the parking problem of America’s inner cities – self-driving cars do not need to park, after all, after drop-off they just drive-off.

And this is where the implications for the energy industry come in.

more at the link
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext