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Ben Geman Nov 14
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How oil's stranglehold may be eroded

A self-driving truck in Las Vegas. Photo: John Locher / AP

A new report from IHS Markit looks at the combination of the rise of electric vehicles, autonomy and "mobility as a service" trends such as ride-sharing — factors that will erode oil's stranglehold on transportation fuels by 2040.

One possible future: Add it all up and you have a "convergence of technological, political, and economic forces could fundamentally alter the automotive ecosystem." They summarize some of the findings in a blog post, and here are a few key points: