The Car Oil Industry Could Collapse
The world is struggling at the moment due to the credit crunch. One of the worst hit sectors has to be the oil niche.
But as technology progresses our use for oil gets less and less, so should suppliers start panicking? Not all oil suppliers should be scared but the specific vehicle suppliers should look at evolving.
The reason for this is because as we can all see the government is very much campaigning for people to start using more eco friendly vehicles, they have even started a vehicle scrappage scheme. I personally feel within the next few years we are going to see cars on the road that are all electric powered.
This will not only help clean the whole environment, but it will also help families afford nice cars. I mean the price for fuel just constantly keeps rising. With the new electric cars none of this will actually be needed, all you would need is a mobile charge point that you could plug in to your vehicle then you could be on your way.
So one of the industries that could potentially see a hit in the future definitely has to be the oil suppliers that cater for commercial and non commercial vehicles. And why should we just stop there? Why not look at cleaning up the skies too.
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