Will electric cars cause oil price to crash? Navigant says no

Oil field (Image: Flickr user johnny choura, used under CC license)

As electric cars become more widespread, they have the potential to drastically reduce the need for oil. That will lead to reduced transportation-related carbon emissions and lower costs for consumers, but what affect will it have on the oil industry? This question has sparked a bit of debate among analysts. DON’T MISS: Multiple Trends Turning… …read more