Sinopec says gasoline demand will peak this year
Sinopec says gasoline demand will peak this year
www.bloomberg.com China Reaches Peak Gasoline in Milestone for Electric Vehicles
Sinopec, the country’s top oil refiner, brought its forecast forward by two years in a development that didn’t get its due.
BNEF journalist Colin McKerracher summarizes trends in China predicting a peak in fossil transport fuel: electric vehicle car sales, two and three wheeled electric kilometers traveled, electric trucks reaching the tipping point and ride hailing legislation.
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Great news, the petrodollar props up too many despotic cunts.