In the coming years the demand for oil is going to decrease as electricity emerges as our primary source of energy. Remember what happened to the oil prices when covid hit. Oil companies were paying to get rid of excess and the same is going to eventuate as our society changes to renewable energy. But, even if oil becomes cost of production price, it will never become as cheap as the electricity that I refuel my EV with from my solar panels-free.
The next major disruption will occur in the near future when the EV battery is being used to fuel the grid.
Hopefully SYA will become part of the new system.
In the coming years the demand for oil is going to decrease as...
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3.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $380.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 1077754 | 4.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.5¢ | 2044 | 1 |
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| Last trade - 10.04am 09/05/2024 (20 minute delay) ? |
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3.8¢ |
Change
0.000 ( 3.54 %) |
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| Open | High | Low | Volume | ||
| 3.7¢ | 3.8¢ | 3.7¢ | 2453131 | ||
| Last updated 10.23am 09/05/2024 ? | |||||
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