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Browsing the "Saudi Oil Minister" Tag

Saudi Energy Minister Throws Shade At Electric Vehicles

December 29th, 2018 | by Matt Pressman

Could electric vehicles disrupt the reign of Big Oil? Apparently not. According to Arab News, Saudi Energy Minister Khalid Al-Falih publicly downplayed, "what he described as the 'hype' of the electric vehicle market." And he emphasized that "miscalculations around the pace of [vehicle] electrification could create 'serious' risks around global energy security."



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