Mar. 16 at 4:23 AM
$CHPT Gas is bearing the full brunt of the Iran war
Prices jumped 17%+ in two weeks. Oil markets are pricing in risk, not just supply loss, which keeps volatility elevated.
Electricity is insulated. U.S. grid mix shields EV charging from Middle East conflict. U.S. electricity generation relies mostly on natural gas, nuclear, coal, and renewables, not imported oil. Even if natural gas prices rise, the effect is slow and muted.
Consumer sentiment is shifting. APNews report increased interest in EVs as gas spikes. If the Iran conflict escalates (e.g., Hormuz closure). Expect: Gasoline:
$5+ national average possible.
Electricity: Still relatively stable, with only incremental increases.
https://apnews.com/article/climate-oil-prices-war-electricity-electric-vehicles-d6cfbd933bc55fc713f3cf732aa7ea34?utm_source=copilot.com