There's a transition that's starting to happen in the world of transportation and I'm not sure that I'm prepared for it and you might start to feel the same way as one of Missouri's largest gas station chains has announced plans to close 1,000 locations by the end of this year.

If you look at the website Scrape Hero, you'll see they have the gas stations that have the largest presence in Missouri. Near the top of that list, you'll see that there is a gas brand that as of this writing has 100 locations in Missouri and that's Shell.

Shell is about to begin some big changes and it appears Missouri will be affected

Finance Buzz is reporting that Shell plans to close 1,000 locations by the end of 2025. But, why? The report claims that Shell believes that the transition to electric vehicles will make these closures necessary adding that they plan to install 70,000 public charging stations as a part of this process. I have yet to see how many Missouri locations will be closed as a result of this new direction.

This announcement comes at an interesting time as Shell just presented their 4th quarter results including total shareholder returns of $22.5 billion. Last time I checked, that was still a LOT of money.

I'm no energy expert, but I would be surprised if we see a fast move from gas-powered vehicles to electric vehicles unless the cost of EV's comes down severely to be more competitive with those still powered by gasoline. That's just me talking, but all of this focus on EV seems a bit soon, but I have no doubt that Shell has much smarter people running their company than the guy communicating with you now.

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