The World is going Electric, What Does That Mean for Gas & Oil?

     The number of electric vehicles on the road is rising due to increased availability, consumer concern over fuel prices, and green legislation.  With the added options of pickup trucks, crossovers, and SUVs seeing EV models, they’re winning over additional sectors of the driving public. At the end of 2021, half of U.S. adults polled said they are likely to purchase an electric vehicle within the next decade.

     While the need for oil and gasoline will never completely disappear, it may be greatly reduced in the coming decades, which is why it is a good time to consider selling your property’s mineral rights while there is still a great demand for oil and gas.