Here’s How Electric Cars Will Cause the Next Oil Crisis
March 1st, 2016Via: Bloomberg:
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Battery prices fell 35 percent last year and are on a trajectory to make unsubsidized electric vehicles as affordable as their gasoline counterparts in the next six years, according to a new analysis of the electric-vehicle market by Bloomberg New Energy Finance (BNEF). That will be the start of a real mass-market liftoff for electric cars.
More: Another Oil Crash Is Coming, and There May Be No Recovery
Looks like a Win-Win for all: EV’s get cheaper for the environmentally concerned, gasoline gets cheaper for everyone using internal combustion cars, and all that excess oil can be burned to make electricity. So gasoline and electricity prices should come down, which may cause a decrease in the natural gas price, and no more wars for oil. Bueno.
The Saudis then adopt a new lifestyle based on slow sand water filtration and the overproduction of goods caused by low energy prices reaches such proportions that people all over the world actually get bored of buying shit and kill themselves for convenience – triggering the overarching AI to pinpoint the precise location of remaining humans in its quest for eternity as a luxury benz. Surfers in Hawaii switch to skateboards as the giant pacific plastic patch wave is forming.