People don't directly consume very much energy; most of our energy footprint is derived from the processes to manufacture the things we consume. Much of that ha

People don't directly consume very much energy; most of our energy footprint is derived from the processes to manufacture the things we consume. Much of that has been outsourced in the last several decades. Moreover, looking at overall energy isn't particularly informative without also analyzing energy costs--according to https://www.statista.com/statistics/183700/us-average-retail-electricity-price-since-1990/ https://www.statista.com/statistics/183700/us-average-retail..., the energy costs have increased 60% in the last 20 years which would obviously suppress consumption. We're talking about the opposite--how does our energy use change if prices fall dramatically. Are we really going to replace fossil fuels or do we just find other uses for this new electricity? For one, we're going to be electrifying other applications--all of these new electric cars are going to place new demand on the electrical grid (previously they were energized by gasoline and as such didn't burden the grid). But beyond that, are we going to actually use any excess energy capacity well, or are our applications just going to get less efficient (why should a factory invest in a more efficient machine if energy prices drop precipitously? economics favor the less efficient solution in the same way the economics of plummeting data storage and transfer prices favor bulky electron apps over streamlined native apps).