EVs: the new gas guzzlers.
- use electricity (obviously)
- most of electricity in US is generated by fossil fuel;
- now, the ugly truth: the US EVs are getting bigger and bigger, using more and more fossil fuel, especially natural gas
- link here;
Natural gas: up almost 3%; up 20 cents; trading at $7.20.
It sure looks like we are about to hit a new five-year minimum.
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