Quote:
Originally Posted by Duffman
My thinking is 180 degrees of this. Consumers will always require energy to power their vehicles. Unless it all goes electric, gas stations will be around to sell you H2, bio-fuels or continue with petrol. The future of continued 100% of autos burning oil is as certain as a 100% electric fleet, neither a good position to stake the future of the worlds largest corporation on.
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True that. However, if 80% of people can "refuel" their electric car at home, most of them will do so. No doubt there will be all sorts of other alternative fuels people will be using, not to mention the occasional battery-powered customer's car that needs a juice. This, however, is not the volume of traffic Exxon stations are used to. Best to sell while the books look good.
I'll offer them 10 cents on the dollar.