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Iraq’s Oil Minister said what?
Here’s what the Oil Minister of Iraq says is next and the channel agrees 100 % with his assessment; The oil minister of Iraq, Ihsan Abdul Jabbar. is saying the West will look to electric cars, if oil prices continue to rise.
We believe him to be 110% correct on his assessment of how the West is responding to high priced oil due to the Russian/Ukraine conflict.
What many people do not yet realize is, electric cars are already a growing trend, and the increase in oil prices only intensifies the goal to go electric. The other side of the coin is once the West goes electric, the next step is self-driving vehicles. For some reason EVs are tied to autonomous driving capabilities. I wonder why?
One thing is for sure, the rise of electric vehicles will change the auto industry forever. This shift from gasoline to electric will create new industries and a new class of wealth, all while creating financial havoc for those in the gasoline industry.
Below is the news video on what the Iraqi Oil Minister said. Take a look and a listen. Follow us here on Medium and check out the YT channel on low-cost investments.
