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Exactly, people seem to forget how many oil sources are out there which become profitable at about $100 a barrel.
by kirrent 10y ago
Exactly, people seem to forget how many oil sources are out there which become profitable at about $100 a barrel.
- csours 10y agoAnd MANY oil substitutes start making sense around $150 a barrel.
- aidenn0 10y agoIn addition, the fuel cost-per-mile (so I'm ignoring maintenance), is capped at about 30-40x that of an electric as we already know how to directly convert air and water into gasoline or ethanol substitutes at approximately that energy ratio (~10x the chemical energy, plus ~3-4x the thermodynamic efficiency of car versus battery cycle)