Pursuits
Another Oil Crash Is Coming, and There May Be No Recovery
Superior electric cars are on their way, and they could begin to wreck oil markets within a decade.
The Peak Oil Myth and the Rise of the Electric Car
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It’s time for oil investors to start taking electric cars seriously.
In the next two years, Tesla and Chevy plan to start selling electric cars with a range of more than 200 miles priced in the $30,000 range. Ford is investing billions, Volkswagen is investing billions, and Nissan and BMW are investing billions. Nearly every major carmaker—as well as Apple and Google—is working on the next generation of plug-in cars.