油价现在正在暴跌。它在最低点，这是几十年来，由于俄罗斯和沙特过量，并且由于留在家庭订单时缺乏需求。但是，长期对你来说意味着什么？这是这一集的自动完成的主题。Covid-19大流行在世界各地的几乎每个行业都造成伤害。这包括石油和天然气行业。看，如果人们不被允许去任何地方，那么他们就不会使用汽油或柴油燃料，这意味着需求是最低的，这几乎是有问题的。但随后俄罗斯和沙特阿拉伯到世界上最大的石油生产商决定今年早些时候进入了一点小便比赛，因为俄罗斯决定它不会降低产量。为了更好的需求，[听不清]政府对此不满意，因此它也保持了生产。现在石油在[听不清]市场上如此便宜，很快生产商会耗尽储存，他们会被迫支付其他人来支付他们。 This crazy little pricing has to some degree trickled down to the price of gas in America where where [INAUDIBLE] prices well under a dollar per gallon in some areas. This would be great for Americans if we were allowed to go places or if gasoline were an explosive, toxic and therefore dangerous to stockpile. From national standpoint, oil prices being in the gutter is a great excuse for the Trump administration to top off the The Federal Strategic Petroleum Reserve which had been used off and on over the past couple of decades to keep prices of the pump down, but they're gonna go further than that, according to recent news reports, with plans to double the reserves capacity from around 797 million barrels. To around 1.6 billion barrels of oil. Finally, Will these low oil and gasoline prices affect the market for electric vehicles? I mean, historically, when gas has been cheap, big and inefficient SUVs and trucks have boomed, right? Well, according to a CNN interview with the lead transportation analyst for Bloomberg New Energy, finance We'll probably have less than one effect and the general economic malaise that's being caused by Coronavirus right now, that analyst Colin McVicker speculates that right now it's upfront costs that are the bar to entry for EBS and oil prices frankly have little to do with that. We need to wait for battery technology to catch up and drive those prices down. So that's it for this episode of roaches autocomplete. I've been Kyle Hyatt you've been very patient. And I ask you to not only hit those like subscribe and notification buttons if you're enjoying what we're doing here, but Maybe chime in in the comment section and let us know what you want us to cover next. Until then, stay healthy. Stay home. Wash your hands. [MUSIC]
