But as we move into modern times technology progresses, so should we rely less on the use of oil, so should suppliers start worrying? I personally feel that for most parts no they should not but the vehicle oil suppliers may be getting into a bit of a panic.
The reason for this is because as we can all see the government is very much campaigning for people to start using more eco friendly vehicles, they have even started a vehicle scrappage scheme. I feel that the roads will change a lot within the next few years as more and more electric cars become mainstream.
This will not only assist in clean the environment but it will also help people in road prices. The price of fuel is endlessly on a rise. With the upcoming electric vehicles most of this will not be needed any more, instead all you will need is a local charge point.
So one of the industries that could very much notice a hit in the future definitely has to be the oil distributors that cater for commercial and non commercial vehicles. I mean why should we literally stop there? Why not tidy up the skies too.
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