Forum Discussion
Grit_dog
Dec 30, 2018Navigator III
pianotuna wrote:
Why do you believe the fuel price would drop so much?covered wagon wrote:
What if in the future electric cars become so popular your electricity bill finally goes thru the roof and diesel prices are back to 90 cents a gallon? I'm hanging on to my old truck just incase. Really I love the fact I can work on them doing good work. Yes a novice I am and love to learn.
It’s like the demand for diesel now raising the price (and ulsd refining of course).
I won’t even pretend to know the real numbers but say 100million vehicles are now electric and electricity demand is 10fold of its current (no pun inteneded ) demand. New power plants, enviro regulation turning coal and nuclear super expensive and electricity prices go through the roof.
Now your home electric bill is $300 a month instead of $100 BEFORE you plug in all your vehicles, which by the way you’ll have to because you sold your oil burner 20 years ago and they quit making them last year. Make that a $800 power bill, but hey it’s economical and clean right?
Now you’re back to paying the same as if you filled up your tank every week. It can and will happen. Electric cars aren’t immune to the laws of economics and capitalism.
That was covered wagons point and it’s a valid one.
If one doesn’t see that supply and demand will apply to electric vehicles and the supporting infrastructure, just like any other scenario, then you’re choosing to turn a blind eye to it.
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