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Shell To Close 1,000 Gas Stations: Here's Why, Company Says

By: clo2 in FFT4 | Recommend this post (0)
Fri, 22 Mar 24 4:24 PM | 16 view(s)
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Shell To Close 1,000 Gas Stations: Here's Why, Company Says

"We believe growth in oil demand is set to slow in the second half of this decade and could start falling in the 2030s because of increasing vehicle efficiency and growth in electric vehicles," the company stated in the report. "Today there are around 40 million such vehicles (BEVs and PHEVs) on the roads, with up to 275 million expected by 2030.

"The availability of charging points will be critical for the growth in electric vehicles."

http://dailyvoice.com/new-york/somers/shell-to-close-1000-gas-stations-heres-why-company-says/

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