+- +-


Welcome, Guest.
Please login or register.
Forgot your password?

+-Stats ezBlock

Total Members: 52
Latest: Carnesia
New This Month: 0
New This Week: 0
New Today: 0
Total Posts: 16222
Total Topics: 264
Most Online Today: 2
Most Online Ever: 201
(December 08, 2019, 11:34:38 pm)
Users Online
Members: 0
Guests: 2
Total: 2

Author Topic: Electric Vehicles  (Read 22424 times)

0 Members and 0 Guests are viewing this topic.


  • Administrator
  • Hero Member
  • *****
  • Posts: 33007
  • Location: Colchester, Vermont
    • Renwable Revolution
Re: Electric Vehicles
« Reply #375 on: May 02, 2018, 01:50:52 pm »
Support CleanTechnica’s work via donations on Patreon or PayPal!

Or just go buy a cool t-shirt, cup, baby outfit, bag, or hoodie.

Electric Car Jitters May Drive Oil To $300 A Barrel

April 30th, 2018 by Steve Hanley

Opinions are like noses — everybody has one. An opinion is usually worth precisely what you paid for it — sometimes less. But if your name is Pierre Andurand and you are one of the best known oil hedge fund managers in the world, your opinion may actually be worth listening to. Andurand was one of many commodity fund managers who met with Saudi oil minister Khalid Al-Falih last July as OPEC was considering whether to raise oil production.

oil pricesAndurand tweeted on April 30th that concerns about the impact of electric vehicles on future demand for oil was limiting investment in projects with long lead times. “So paradoxically these peak demand fears might bring the largest supply shock ever,” he wrote. “If oil prices do not rise fast enough, $300 oil in a few years is not impossible.”

That was enough to get the people at Bloomberg interested. They report that many in the oil business believe higher prices might be bad for the world economy but Andurand and Al-Falih disagree. “So no, $100 oil will not kill the economy,” Andurand tweeted. “And we need +$100 oil to encourage enough investments outside of the U.S.”

A spokesperson for Andurand Capital Management declined to discuss the tweets — which have since been deleted — with Bloomberg. But Al-Falih is on record as saying recently that prices could rise above their current level of about $75 a barrel without doing economic damage. “We have seen prices significantly higher in the past, twice as much as where we are today.”

He notes the price of Brent crude rose to $150 a barrel in 2008 without dire consequences [<sarcasm> if you ignore the global economic crisis that followed from the collapse of the banking industry, wiping out trillions of dollars in wealth worldwide </sarcasm>].

Crystal balls are notoriously inaccurate, so Andurand’s warning may be just background noise that can be safely ignored. But we know money is what moves markets. Politicians aren’t having much luck enacting carbon taxes to offset the government benefits fossil fuel companies enjoy, so $300 a barrel oil might actually be a boon to the renewable energy and electric vehicle industries, as people rush to “green” solutions that are cheaper.

Imagine what fun it would be to see acres of used Stupid Duty pickup trucks for sale on dealer lots as manufacturers race to bring efficient cars back to their showrooms  ;D — the very same efficient cars they are busy running away from today. Some super expensive oil might be the ultimate weapon for “Keep It In The Ground” advocates.


Andrew Hockings

The higher prices go the faster the take up of EVs.
About £1.22 a litre where I am (UK) so about £5.53 or $7.61 a gallon.
Starting to see an awful lot more EVs on the road now.
Putting prices up will be shooting themselves in the foot.

^ 22
[color=blue]agelbert [/color] > Andrew Hockings

Donald Zenga
As oil prices keep rising, people will give up their pickups first and settle for a crossover which is also very functional with lot of interior space.

Then they will start buying affordable hybrids and finally the plugins, only the share of Oil will drop and nothing will happen to World's economy.


Agelbert > Donald Zenga
Agreed. Also, the entire rationale for having a pickup truck is based on carrying loads of all types conveniently. With a tow trailer the same size as a pickup truck bed, there is zero reason for owning a pickup unless you carry loads every single day. Over 80% (and probably higher than that) of pickup truck owners in the USA DO NOT carry loads more than once a week.

The whole pickup truck fad, endemic to the USA where more pickup trucks are sold than just about any other vehicle 👎, is an unnecessary waste of energy because you are moving extra weight for no other reason than the convenience of an occasional use truck bed. 👎👎

You don't need one unless you carry pickup truck bed sized loads every day as part of your job. 
Hey pickup truck owners, get an EV and a tow trailer to carry your loads. It will save you a lot of money 💵 😉 and help clean up the environment too! 😇

This trailer sold at Home Depot even tilts to dump the load. http://www.createaforum.com/gallery/renewablerevolution/3-080515182559.png

Detail K2 1639 lb. Payload Capacity 4.5 ft. x 7.5 ft. Utility Trailer with Bed Tilt and Collapsing Ends to Extend Bed to 12 ft.
Model#  MMT5X7

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23


+-Recent Topics

Experts Knew a Pandemic Was Coming. Here’s What They’re Worried About Next. by Surly1
May 12, 2020, 07:46:22 am

Doomstead Diner Daily by Surly1
May 12, 2020, 07:40:17 am

Profiles in Courage by AGelbert
May 09, 2020, 11:47:35 pm

Money by AGelbert
May 09, 2020, 11:27:30 pm

Creeping Police State by AGelbert
May 09, 2020, 10:35:38 pm

COVID-19 🏴☠️ Pandemic by AGelbert
May 09, 2020, 10:19:30 pm

Resisting Brainwashing Propaganda by AGelbert
May 09, 2020, 10:07:28 pm

Corruption in Government by AGelbert
May 09, 2020, 09:54:48 pm

🚩 Global Climate Chaos ☠️ by AGelbert
May 09, 2020, 09:10:24 pm

Intelligent Design by AGelbert
May 09, 2020, 06:38:41 pm