Robert Bruninga via EV wrote:
I am amazed at how wrong we were. We always thought that the scarcity of
Oil would make the consumer price so high that EV's were inevitable.
Now the reality is that the price is so low that it is not economical to
frack or drill for it.
Eventually, the price will be low because no one will take it. (but then
the ICE owners will just keep on going...)
Remember, gasoline was chosen as an ICE fuel a hundred years ago,
precisely because it was useless for anything else, and thus *cheap*.
People won't stop using it until it is no longer cheaper than the
alternatives. But due to a century of mass-production, there is a
lifetime supply of old ICE cars, and old wells, refineries, factories,
and businesses that are already paid for that will just keep on churning
them out for the rest of our lives.
Horses did not go away just because ICEs came along.
Lee Hart
--
If you would not be forgotten
When your body's dead and rotten
Then write of great deeds worth the reading
Or do these great deeds, worth repeating
-- Ben Franklin, from Poor Richard's Almanac
--
Lee Hart, 814 8th Ave N, Sartell MN 56377, www.sunrise-ev.com
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