The sun sets on drilling (Image: Pexels)

Economics of Electric Vehicles Mean Oil’s Days As A Transport Fuel Are Numbered

The future is not looking bright for oil, according to a new report that claims the commodity would have to be priced at $10-$20 a barrel to remain competitive as a transport fuel. The new research, from BNP Paribas, says that the economics of renewable energy make it impossible for oil to compete at current