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>You assume a constant price for gasoline, which is a bold assumption, given that the oil markets are currently gyrating wildly, and have been for some time - w
by rhino369 11y ago
>You assume a constant price for gasoline, which is a bold assumption, given that the oil markets are currently gyrating wildly, and have been for some time - we're likely to see prices at the pump go up by orders of magnitude over a relatively short timescale, which will provide a big push towards EV adoption, and will drive people away from older vehicles which guzzle gas.
If anything the move towards electric car adoption will make gasoline less expensive. Oil isn't running out anytime soon. We already have the distribution and refinement infrastructure. Saudi Arabia and other oil producing countries will want to sell the oil they have before the market disappears.
Maybe in 100 years when gas cars go extinct, gasoline would be expensive. But for the time being, it's not going to massively jump in price.
- madaxe_again 11y agohttp://www.salon.com/2016/04/29/there_will_be_pandemonium_partner/ http://www.salon.com/2016/04/29/there_will_be_pandemonium_pa... You were saying?