Oh druiner, I'm afraid that's just the one view you can have. Unfortunately, cheap oil does not serve to create real pressure among the general public to turn to a currently very expensive but green form of energy. If the normal gasoline car is half or even a third as expensive as an EV, why should a normal citizen change his mind? Plus, all the restrictions like the charging options, range, etc. No, it's not just the price of oil, it's the price of the cars themselves. And if at the moment electricity is sometimes more expensive to fill up with than gasoline itself, then this environment does not help to accelerate the changeover. I sincerely hope that Pilbara will get around the bend, but unfortunately they are exposed to an environment that they have little influence on.
PLS Price at posting:
23.5¢ Sentiment: Hold Disclosure: Held
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