View Single Post
      11-20-2017, 11:07 PM   #60
Red Bread
Major General

Drives: My wife's car
Join Date: Oct 2008
Location: Dallas, TX

iTrader: (0)

Garage List
Originally Posted by jmg View Post
Originally Posted by Red Bread View Post
With a diminished market for fuels, plastics, styrofoam and lots of manufactured goods would potentially be more expensive. Just magically flipping an EV switch doesn't do away with our demand for all those ancillary goods, but substantially decreasing demand for the primary liquids would absolutely increase pricing for the others.
If this were to happen, the market will adjust IMHO. Price fluctuations should be little concern to the overall benefit of exploring alternative energy sources. Right now our market is geared for what we have. It will adjust to what it will become. Profit is a universal motive.
This is like arguing that we should have high speed rail. With the financial and lobbying power of the airlines, we never will. And airlines are a little speck of sand compared to Exxon, Conoco and Chevron.