Daryl Hunt
Your Worst Nightmare
- Banned
- #101
So tell us idiot how does one achieve electric cars if gas is $1 buck a gallon?Wow that's deep. Only one problem: you dont know what the hell you are talking about. You people think you can take a sentence from chapter one of a high school economics textbook and understand the oil industry. You can't.with senile old joe depressed production means higher prices
Did you know the Trump administration spent the last year+ trying to increase oil prices? I am sure you did not.
Easy answer. The cost of the Gas Cars is quickly going up. The Materiels to build it are going up fast. The cost of the material to build the Cat Converters have risen from hundreds of dollars an ounce to more than 3000 to up to 30,000 dollars an ounce. The cost of the gauges have gone up because the supply is limited. Now, unless they can figure out replacement materials that can to the same job or a better job, Gas Cars and Trucks are going to go through the roof.
And don't look for gas to ever go back to a buck a gallon again. 2 bucks maybe but that's about it. But look for the cost of electric generation to continue to go down and the supply to continue to go up.
Of course, as more and more electrics take to the roads, another problem comes to mind that is built into the Gas Tax for Road and Bridge maintenance. That will have to be paid no matter what by some method or another.