[SpaceBar]

Owners of Tesla vehicles will be able to recharge their vehicle for 30 minutes to gain 200 miles of range, or swap out their cars' battery for a fully charged one in 90 seconds.... Haters be happy...

The obvious attitude problem of the author notwithstanding, there are basic flaws with the article. Gasoline, a mixture of straight and branched alkanes averaging on the iso-octane group, that can be made not only from petroleum, but from coal and pyrolytically decomposed garbage, is an incredibly versitile, relatively safe, easily transportable substance. Liquid power that burns in machines so simple (think lawnmowers, 1970's Datsuns), they can be fixed by anyone with a reasonable amount of engine skills. The hippy-dippy pipe dream of just plugging in, with nary a thought where the electricity comes from, or the exotic (and environmentally costly) technology needed to store it safely and efficiently hardly enters into the equation. Gasoline will be around long after the article author is pushing up daisies. Bet on it.

[ckilmer]

Gasoline will be around long after the article author is pushing up daisies. Bet on it.
.............
I don’t disagree. But the monopoly prices that gasoline has enjoyed are going to disappear.

Consumers are going to enter into a generational sweet spot as electric cars (and natural gas vehicles)and internal combustion engines compete against each other and push transportation and energy costs down. Lower energy costs mean that there will be an explosion of wealth and consequently a growing demand for more energy.