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Old 04-20-2020, 02:46 PM   #5298
OldDutch
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Join Date: Oct 2009
Location: North of the River, South of the Bluff
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Quote:
Originally Posted by accord1999 View Post
Cheap oil should do a great job of obliterating EV sales (which had already stagnated globally in 2019 thanks to Chinese withdrawal of EV subsidies).

You only worry about oil if you think cars won't be back after the lockdown is over; but the anecdotal evidence out of Wuhan is that likely cars will be stronger than ever as people are scared about the safety of mass transit. Without an effective vaccine, COVID is going to be crippling to mass transit in Canada, and will probably put most of the mass transit systems in the US into a death spiral.
What? The enviros on my Facebook page celebrating a deadly virus as a blessing from the David Suzuki Gods...are being short sighted? Sorry not buying it.
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