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Climate Change vs Peak Oil, US vs OPEC reserves.. $200 Crude coming.
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Coastal
Posted 1/28/2024 14:38 (#10597657 - in reply to #10597120)
Subject: RE: Climate Change vs Peak Oil, US vs OPEC reserves.. $200 Crude coming.


Hick - 1/28/2024 08:48

Electric cars will put a cap on high oil prices.

$200 crude would just accelerate the switch.

As a farmer high crude is good for corn, you aren’t going to have $200 crude oil and $3 corn.



I'm thinking the electric car phase has run its course. Know of several that have traded them back in or Lemon Lawed them. Lack of charging stations and higher electric power bills at home. Unreliable. Poor range. Etc.


And was it Hertz or Enterprise that was auctioning off their electric fleet.




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