The Chinese are cleaning up their act while conservatives procrastinate and feed you bull

China's electric buses are killing oil demand

• A new report from Bloomberg New Energy Finance suggests that China's electric-bus revolution could kill off oil demand in the future.
• By the end of 2019, 270,000 barrels a day of diesel will be taken out of the market as a result of China's switch to non-fossil fuel engines.
• The report indicates that buses and other large passenger vehicles account for a far greater proportion of oil displacement than cars.

link https://www.businessinsider.com/chinas-electric-buses-killing-oil-demand-us-production-booms-2019-3?fbclid=IwAR0jNeRlo2eRsmtnSVRWxLJiM_torJL3rLbKzbsiFL4r-HfDbz5X2qXMpv4