Quote:
Originally Posted by Brian Swartz
Even if we never used a drop of oil again in a passenger vehicle, we would still have huge oil dependence. EVs are a small positive step IMO, but passenger vehicles are less than half of the oil we consume. Volatility in oil prices will still be deeply felt.
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See below graphic.
Passenger vehicles may be less than half but it is the biggest portion by far. Motor gasoline is 43% of use (total 20.3M barrels a day). Logically, if we greatly increase EV adoption, that 43% will reduce considerably.
Use of oil - U.S. Energy Information Administration (EIA).