Not saying the oil sector is powerless by any means, and I guess maybe they're going for regulatory capture, but this is a non-starter from an economic reality perspective so I'm not too worried about it. The train is well out of the station for electric vehicles. I believe every car maker (save 1 that I know about) is fully committed to 100% electrified vehicles in the not-too-distant future. I feel like eventually…
All it takes is a new pump at existing gas stations and what becomes more compelling to the consumer flips overnight. Same cultural process of fueling up at the same place you've always fueled up in about the same amount of time as its always taken. It seems like there's a lot lot less inertia to get consumers over that hurdle than the EV hurdle, where charge times are long and convenient chargers not a guarantee in…
"All it takes" is doing very heavy lifting in that sentence. There's a good reason that hydrogen fueling stations are basically non-existent aside from a few in California. Distribution and fueling is quite complicated compared to conventional liquid fuels.