oil prices

possible reasons: - Oil Industry almost always raises prices for the summer - less supply prices move up. - Insurance fire - how better to avoid stranded asset and minimize losses. Turn lemons into lemonade. - Oh, it is just an accident, s**t happens, just like nuke power plants sometimes...

Analysis predicts extremely disruptive, total transition to EV / autonomous vehicles in 13 years An interesting think tank paper predicts the rise of autonomous EVs will displace ICE by 2024 and collapse of oil price. (Also, no more auto dealers.)

According to The Guardian, EVs will be cheaper than ICE cars by 2022. See the article here --> Electric cars 'will be cheaper than conventional vehicles by 2022' | Environment | The Guardian