Energy Investing - Why EV penetration will be slow and limited ---- Had the PREVIEW in 2020 - Energy Investing - InvestorVillage


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Msg  358420 of 370772  at  10/12/2021 4:37:35 PM  by

Pipeless_Pauper

The following message was updated on 10/12/2021 4:38:29 PM.

 In response to msg 358341 by  hf6e
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Re: Why EV penetration will be slow and limited ---- Had the PREVIEW in 2020

"In other words, we may be worrying too much"
 
100% we are. I commented on this a while ago:
 
____________________________________________
we already got a preview of an all electric future in 2020
..and it's not as scary as feared:
 
my post a cpl months ago:
 
"when all of North America was buried in a lockdown, and no one was driving, THE WORLD STILL USED 91 MILLION BARRELLS A DAY
 
So we already got a preview of what an EV future looks like... and its not as bad as feared
 
why??
 
oil use:
 
60%
fuels
 
we overestimate the volume of fuel demanded by our little 4 cylinder commuters...
 
there's still boats, trains, trucks.... to bring us all the goods we consume. And these use FARRR more oil than a little 4 cylinder commuter
 
Then you have tractors to grow all our food.. excavators and trucks to build our houses and businesses ... i'm sure there's shit i'm forgetting, but you get the picture...

40%
petro chemicals, fertilizers, plastics, grease, furniture, toys, clothes, the list is VERY LONG...and there is no replacement for oil in making these..."
 
 


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