Submitted by latinometrics t3_111id9t in dataisbeautiful
a_trane13 t1_j8gc66s wrote
Reply to comment by pk10534 in [OC] New Mexico Now Produces More Oil Than Mexico & Venezuela by latinometrics
Crude will still be needed for plastics and polymers, and without as much gasoline demand it will be a little less of a commodity, which typically means more expensive. Especially once some oil refining facilities start to age out and close without being replaced.
danielv123 t1_j8hmxtd wrote
Emissions controls are also bound to become stricter, which increases prices.
Viewing a single comment thread. View all comments