Resin?
Iran Super Thread- Merged
- Thread starter JasonH
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polyurethane plastics and coatings. mix resin with an isocyanate hardener. Ill find out the scoop next week but possible that oil sources diverted for gas and diesel
Gotcha. Petrochemical for plastics and such.
Yeah. The American hubris in thinking the closure won’t real hurt them is mind blowing. The cascade in supply chains is really only just starting.
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We say that now, but I don’t buy that. After the crisis is over people forget very quickly when convience comes back.
Look at our supply chains, after Covid you think we would have learned about trying to keep most of it in house or having stock on hand. But it isn’t as cheap or convenient as just in time delivery.
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Just ii Time has been cheaper, but never , ever convenient.
The twin energy shocks of the 70s and the low oil prices that follow say otherwise. And back then there were no real alternatives. Now there are. And whatever you or I think sitting comfortably in Canada isn't relevant. Oil demand growth for at least a decade has been driven by China and the developing world. Somehow don't think they are interested in increasing their exposure to US Foreign Policy after this.
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They are. More interesting to see are all the policies in the developing world outright forcing adoption of EVs. See Ethiopia's ban on gas car imports. If a country isn't manufacturing cars and doesn't have oil, it makes no sense to import gas cars and then further pressure your balance of payments needing to import oil. Basic trade economics. So we see, for example, Singapore going to 60% EV sales from low single digits, in 6 years. Nepal has half their sales as EVs. Etc. Heck, the growth of electric Tuk Tuks all over the Global South has been interesting to watch. And those things are a noticeable chunk of oil consumption in countries where allowed.
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Meanwhile in Canada:
EV vs. Hybrid Sales Trends in Canada (2025-2026)
EV vs. Hybrid Sales Trends in Canada (2025-2026)
- Hybrid Surge: Hybrids (non-plug-in) are seeing high popularity, exceeding 10% market share nationwide and even higher in provinces like Alberta (12.3%).
- EV Slowdown: Following a record 2024, EV sales in Canada fell significantly in 2025. Q2 2025 saw ZEV sales (BEV + PHEV) drop to 9.2%, down from 9.7% in Q1.
- Regional Differences: Hybrid adoption is strong nationwide, whereas BEV adoption is highly concentrated in Quebec and B.C..
- Q3 2025 Snapshot: Hybrid vehicles reached a 12.4% market share (up 2.8% year-over-year), while fully electric vehicles dropped to 5.5% of registrations in Q3 2025, according to Motor Illustrated.
- Market Drivers: Rising hybrid popularity is attributed to lower upfront costs, no range anxiety, and similar fueling to gas cars, notes the Vancouver Sun.
- 2024 (Record High): 202,103 new BEVs and 68,882 plug-in hybrids were registered.
- Late 2025: Hybrid sales (full and mild) surged to nearly 1 in 5 new cars, notes Automotive News.
- Nov 2025: ZEVs (BEV + PHEV) fell to 11.3% of total sales, down from 16.4% in November 2024.
- 2026 Outlook: As The Globe and Mail notes, despite stumbling sales, Canada's EV transition faces continued, though slower, long-term growth pressures from mandates
