Demand for fuel skyrocketed in the last 25 years, but now forecasts claim that electric vehicles are about to force a worldwide decline. According to the International Energy Agency, the global consumption for gas powered vehicles will decrease in the next five years and that the world’s thirst for oil will drop 0.2 percent by 2040. It’s a small reduction in oil usage, but considering that fuel consumption has grown 20 percent in the last 25 years, it’s a step in the right direction.
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