Re: BRK: Why Not XOM?

The week's question

In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.

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No. of Recommendations: 6

Motor vehicle fuel currently accounts for a hair under half of global crude oil use. Thus, a one half reduction would reduce global crude demand by about 24-25%, not by 10%.

Where does the electricity to charge the EVs come from? You can't just assume that it just magically appear. It will largely come from oil, gas, and coal generating plants.

EVs won't drastically eliminate the use of oil, they will just change where the oil is burned.

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This community has written 22,499 posts about Berkshire Hathaway. The article-length ones it recommended most:

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