Broeb22 Posted September 25, 2018 Share Posted September 25, 2018 While I certainly don't believe we are very close to abandoning internal combustion engines any time soon, I do wonder about some of the businesses that depend on byproducts of oil as an input. In short, I wonder if at some point there will be more demand for the by products than the oil itself. If that is the case, then the costs of extraction fall more heavily on the byproduct (i.e. plastics, specialty chemicals, resins, etc.). What will this do to the cost of some of these products (see links)? Will alternatives come about to displace these? https://www.innovativewealth.com/inflation-monitor/what-products-made-from-petroleum-outside-of-gasoline/ https://whgbetc.com/petro-products.pdf Link to comment Share on other sites More sharing options...
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!Register a new account
Already have an account? Sign in here.Sign In Now