> Is there a chance that this will push e-mobility since low oil prices for a sustained period of time will make extraction unprofitable for oil companies?
Probably not. Different areas have different costs of extraction.
Shale oil/tar sands = expensive
Saudi Arabia proven reserves = low cost
This might put some of the North American oil companies out of business, but those assets will be bought in bankruptcy, so they'll eventually come back online when the price of oil gets high enough again.
> Or could it have the opposite effect and make us use more cheaper fuel for individual transport?
This seems more likely. Oil is primarily used for transportation. Cheap oil means less reason to go electric.
How much of an effect is the questions. I, personally, have no idea. Electric cars are improving at a very rapid rate. However, there doesn't seem to be a good solution for people who don't own a garage. There is some condo/apartment charging sprinkled here and there, but it's not very common.
> It seems to me that public transport / ride sharing could take quite a hit (at least in the next few months).
Typically, public transport is mostly funded through taxes, so it's not really in much danger.
Ride sharing will probably take a beating - especially since flying and night life are getting hammered.
Probably not. Different areas have different costs of extraction.
Shale oil/tar sands = expensive
Saudi Arabia proven reserves = low cost
This might put some of the North American oil companies out of business, but those assets will be bought in bankruptcy, so they'll eventually come back online when the price of oil gets high enough again.
> Or could it have the opposite effect and make us use more cheaper fuel for individual transport?
This seems more likely. Oil is primarily used for transportation. Cheap oil means less reason to go electric.
How much of an effect is the questions. I, personally, have no idea. Electric cars are improving at a very rapid rate. However, there doesn't seem to be a good solution for people who don't own a garage. There is some condo/apartment charging sprinkled here and there, but it's not very common.
> It seems to me that public transport / ride sharing could take quite a hit (at least in the next few months).
Typically, public transport is mostly funded through taxes, so it's not really in much danger.
Ride sharing will probably take a beating - especially since flying and night life are getting hammered.