by Outcast_Searcher » Mon 07 Nov 2016, 13:29:00
$this->bbcode_second_pass_quote('KaiserJeep', '
')Imagine a USA where petroleum has escalated 400% in cost, as has natural gas. I think it is a decade away.
For oil, who knows? But at $8 to $9 gasoline, say, or even $15 (starting from the 2014ish high price), in a decade I see the BEV and especially the PHEV being wildly popular. For example, by year end, I can presumably buy the Toyota Prius Prime for $25Kish net after the $4500 federal tax credit (without a discount -- I'd wait until I could negotiate a meaningful discount), in the medium trim-line I'd want.
With 25 miles per charge, my estimated annual gasoline consumption goes from about 160 gallons for 4000 miles in my Corolla (at 25 mpg), to about 6 gallons at 50 mpg for 300 miles for my out of town trips -- assuming I can't plug in anywhere out of town.
At six gallons, suddenly even $50 a gallon gasoline is more an annoyance than a disaster. And at $50 a gallon, I bother to arrange that at the other end, I'm allowed to plug in, and now the expected annual gasoline consumption is more like 3 gallons.
Now, if gasoline did that, you'd see a lot more cars with Volt like range and above appearing rather quickly, or people just biting the bullet and buying a BEV. And in ten years, I'd expect a 300+ mile range (or more) to be fairly common in a BEV, and a BEV to be no more expensive than a Bolt, and perhaps meaningfully cheaper.
So an inconvenience, but hardly a disaster, even for people driving 12,000 miles a year. Oh, and imagine what happens to oil demand (and the price) when THAT shift to EV miles (including PHEV's) happens.
...
For a world literally awash in natural gas and projected supply of natural gas, with respect, I have trouble taking seriously a sustained global price rise to anything like 400%. But even if it does, given where prices have been in the past, I see that as primarily an inconvenience, and a very strong push to accelerate things like home solar installations, etc. -- at least in the first world.
Given the track record of the perma-doomer blogs, I wouldn't bet a fast crash doomer's money on their predictions.