Half of petrol stations expected to close in next decade

Wed, 7 Aug 2024 03:36:56 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://www.dutchnews.nl/2024/07/half-of-petrol-stations-expected-to-close-in-next-decade/>

"Half of the Netherlands’ petrol stations are set to close in the next five to
10 years as electric cars start to take over the market, according to ING
Research.

The bank’s economists say there will be insufficient earnings in future, with
only some 2,000 of today’s 4,131 gas stations remaining.

“It is mainly the small, unmanned petrol stations that will disappear,” says
ING Research, as reported in De Telegraaf.

A record turnover of €12.9 billion was achieved in 2022, aided in part by the
surge in fuel prices as a result of the Russian invasion of Ukraine and the
energy crisis.

But as electric vehicles replace petrol and diesel cars, small stations with
unmanned pumps that rely on fuel sales will disappear, especially in the border
regions where less expensive options abound."

Via Fix the News:
<https://fixthenews.com/good-news-capital-punishment-mental-health-rwanda-pollution-europe/>

Cheers,
       *** Xanni ***
--
mailto:xanni@xanadu.net               Andrew Pam
http://xanadu.com.au/                 Chief Scientist, Xanadu
https://glasswings.com.au/            Partner, Glass Wings
https://sericyb.com.au/               Manager, Serious Cybernetics

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