This is How Big Oil Will Die

“And here is what is disruptive for Big Oil: Self-driving vehicles get to combine the capital savings from the improved lifetime of EVs, with the savings from eliminating the driver…The costs of electric self-driving cars will be so low, it will be cheaper to hail a ride than to drive the car you already own.”

—Miller, Seth. “This is how Big Oil will die.” May 24, 2017.

Pretty straight-forward conclusion, but this essay contains a lot of interesting detail, such as the number of parts in an internal combustion engine versus an electric engine (2,000 and 20, respectively).