Define soon...![]()
Or how about the commodity it always will be.... lubrication.
Electrification doesn't remove the need for that.
Define soon...![]()
Or how about the commodity it always will be.... lubrication.
WD-40?
Let's not confuse 'oil' in the sense of the North Sea (i.e petroleum) and 'an oil' (the scientific term for a viscous liquid). You can make lubricants without using petroleum.
Other oils and sources, people seem to forget that the whole oil debate is not surrounded around the electrification of cars. Where metal parts touch metal parts we will always need to lubricate those parts. Machinery requires oil, all sorts of machinery small to 'effin huge. Even if combustion methods change, the use of metal machinery will not. Even if synthetics can cover nearly all future demand, natural oil demand is likely to remain high for emerging economies, industry and legacy uses such as mineral oils for certain alloy mixes and so forth.