Why a Gasoline Supply Drop Could Help the Environment
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that U.S. oil companies are reconsidering the profitability of refining gasoline due to low oil prices and costly operations. With potential shifts toward producing more profitable alternatives like jet fuel and petrochemicals, gasoline supplies could drop — a move that may unintentionally accelerate EV adoption and reduce transportation-related emissions, which make up nearly a quarter of U.S. greenhouse gases.
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