The President of Sberbank German Gref said that oil might become “new coal” over the next 20 years. According to him, the schedule of oil consumption reminds the situation with the coal industry in the early and middle 20th century.
The Head of Sberbank noted that 57 percent of oil consumption fell on transport. Under such conditions, the market entry of such cars as Tesla 3 is a qualitative breakthrough in the electric car-making. As the top manager said, according to the forecast of the International Monetary Fund, the price of oil will make up $ 15 per barrel by 2040: “Of course, oil price of $ 15 is not the price satisfying our country in general, and the remaining conditional 20 -25 years before this happens is a very short period” - he stated.
Author: Anna Dorozhkina