Shell Oil Predicts Gasoline Cars Will End By 2070 (VIDEO)

Nov 01, 2013 11:18 AM EDT | Matt Mercuro

With the emergence of hybrid and electric cars, the end of gasoline vehicles may become a reality sooner than you think.

Shell Oil, one of the largest petroleum companies in the world, predicted this week that petroleum-powered vehicles will pretty much be gone by 2070, according to VentureBeat.com.

The prediction was a part of Shell's "New Lens Scenarios." In 2013, the company developed two New Lens Scenarios, which it has called "Oceans," and "Mountains."

The scenarios predicts a future based on two possible directions the global economy could take the next couple of decades, or so, when affected by "technological develops and global population," according to VentureBeat.com.

The global population is expected to top 9 billion by 2050, and the future for those people could be very different depending on which scenario takes place.

With the "Oceans" scenario, Shell sees a world with "greater understanding and compromise." They see the world becoming more prosperous by 2050, though diminishing food, water and energy sources will become the top priorities for people.

The "Mountains" scenario predicts that natural gas will become a dominant fuel around 2030, while the "demand for liquid fuel derived from oil" declines, according to VentureBeat.com.

By then, we'll also be driving less, only 1,200 miles per year, on average. This is predicted thanks to shorter trips "from a more city-centric population," and more two-wheeled and public transportation devices.

In both scenarios, Shell estimates by 2070, the passenger road market will be "nearly oil-free."

Other predictions have been made as well. The UK governmental feels that any vehicle that's not a hybrid, plug-in, or zero-emission will be illegal by 2040.

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