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What the future holds in store-V: Oil demand and the transportation revolution
Mar 15: There is also the big question of how the transportation revolution will have a big impact on demand for oil
8No specific studies have been done yet on how Uber type of services would impact the global demand.
8This would partly replace some demand but will increase overall demand
8The impact of self-driving or automated transportation system would lead to better efficiency of the transportation system.
8But at the same time, it would stimulate the whole transportation demand growth.
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