The ongoing discussion to cease sales of gas/diesel rigs is having consequences

Lennie · Jan 12, 2022

The lack of investment in oil production is going to drive up our fuel costs. Investors are scared of the governments push for EVs.

Oil rally to continue in 2022 as demand outstrips supply, analysts say

Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude to $90 or even above $100 a barrel.

www.reuters.com

Longwalkhome · Jan 12, 2022

Bicycle is in everyone's future if they live through the jab. :s0158:

Dungannon · Jan 13, 2022

I think the hybrid [gas/electric] vehicles are still outselling the all electric ones, but both are dwarfed by the dinosaur powered vehicles. If heavy-metal batteries are a pollution source now, imagine what it will be when all the vehicles for sale have hundreds of pounds of batteries. Like that Finnish guy that blew up his Tesla, the cost of replacing those batteries are cost prohibitive. I will die of old age before the world is tied to a electrical plug-in.

Tinman357 · Jan 13, 2022

And that's exactly why there is so much "push" for EV. To reap the profits from our reaction.

California's increasingly common rolling blackouts are causing officials to ban charging electric cars.

EV's may be a good thing. Maybe not. What I do know is that our aging power grid WILL NOT handle the additional load.

Multiple studies have shown that over the expected service life, these EV's are far more expensive and have a much larger carbon footprint.