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Technology Stocks : The Electric Car, or MPG "what me worry?"

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From: Eric7/8/2025 1:20:12 PM
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How Electric Cars Just Wiped Out 3.5 Million Barrels of Oil a Day



The Electric Viking

308K subscribers

Jul 8, 2025

How Electric Cars Just Wiped Out 3.5 Million Barrels of Oil a Day

Electric vehicles are now displacing an estimated 3.5 million barrels of oil per day, thanks to surging global adoption, especially in China, Europe, and the U.S. This shift is being driven by EVs replacing traditional ICE vehicles in both passenger and commercial segments. According to recent data, that figure could double by 2030, marking a major blow to long-term oil demand.

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