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Or... maybe the market will react to higher oil prices and choose other fuels? Might be wanting to hodl TSLA and not rail stocks.

skeeter2020 5y ago
Oil != gas for your car. It's fuel for millions of homes, transportation of all those goods you buy and out of market food, plastic products, fertilizer that has allowed us to feed millions, etc. Your electric car is a very small part of that.
- newacct583 5y ago
  You... can't heat homes with electricity? You missed the point. The upthread poster made a gag about BNSF as a way of arguing that this was somehow a corrupt gift to the transportation industry (which... yeah, whatever). I quipped about Tesla to indicate that, no, the market adapts along every available axis and renewable power is if anything more likely to benefit than some rail outfit that just happens to be owned by Warren Buffett.
- apendleton 5y ago
  Sure, and to the extent that the feedstocks for all of those processes become more expensive, it makes cleaner alternatives more competitive in sectors where they exist, and in sectors where they don't, creates stronger incentives to develop new ones. It's not like this one pipeline will mean suddenly there's no more fertilizer, but any slight increases in cost will help incentivize change at the margins.
- kube-system 5y ago
  >It's fuel for millions of homes 3% of oil goes towards residential uses. > transportation of all those goods you buy 16% of oil goes to diesel for transportation >plastic products, fertilizer that has allowed us to feed millions, 1.5% of oil goes to all petrochemicals combined https://www.eia.gov/energyexplained/oil-and-petroleum-products/use-of-oil.php https://www.eia.gov/energyexplained/oil-and-petroleum-produc... The vast plurality of oil goes to making gasoline which is used in motor vehicles.
fukmbas 5y ago
Tesla is extremely overvalued. Good luck

skeeter2020 5y ago

Oil != gas for your car. It's fuel for millions of homes, transportation of all those goods you buy and out of market food, plastic products, fertilizer that has allowed us to feed millions, etc. Your electric car is a very small part of that.

newacct583 5y ago
You... can't heat homes with electricity? You missed the point. The upthread poster made a gag about BNSF as a way of arguing that this was somehow a corrupt gift to the transportation industry (which... yeah, whatever). I quipped about Tesla to indicate that, no, the market adapts along every available axis and renewable power is if anything more likely to benefit than some rail outfit that just happens to be owned by Warren Buffett.
apendleton 5y ago
Sure, and to the extent that the feedstocks for all of those processes become more expensive, it makes cleaner alternatives more competitive in sectors where they exist, and in sectors where they don't, creates stronger incentives to develop new ones. It's not like this one pipeline will mean suddenly there's no more fertilizer, but any slight increases in cost will help incentivize change at the margins.
kube-system 5y ago
>It's fuel for millions of homes 3% of oil goes towards residential uses. > transportation of all those goods you buy 16% of oil goes to diesel for transportation >plastic products, fertilizer that has allowed us to feed millions, 1.5% of oil goes to all petrochemicals combined https://www.eia.gov/energyexplained/oil-and-petroleum-products/use-of-oil.php https://www.eia.gov/energyexplained/oil-and-petroleum-produc... The vast plurality of oil goes to making gasoline which is used in motor vehicles.

fukmbas 5y ago

Tesla is extremely overvalued. Good luck