The problem is that the feedback loop on the commodity side goes in the wrong direction for a "death spiral". A reduction in the number of gasoline burners on

The problem is that the feedback loop on the commodity side goes in the wrong direction for a "death spiral". A reduction in the number of gasoline burners on the road causes a reduction in the price of gasoline, which makes gasoline burners MORE attractive, not less. Also because turnover on automobiles is slow, 8 years seems much too fast, if it ever happens at all.