“Make sense?”
LOL!
Your model only includes EU and US markets. So the rest of the WORLD would eat our lunch economically by enjoying plentiful oil and having their transportation costs a fraction of our overgrown throwaway golfcarts.
The rare earth minerals on which your toy cars depends are not in unlimited supply, and China controls the vast majority of their production, Russia has a large part of it as well.
We can control oil prices NOW by “Drill here, Drill now” policies, building the pipeline your buddy in the WhiteHut is blocking, and lifting the restrictions on the US exporting oil.
All of this can be done NOW with existing technology, not waiting 20 - 40 years only to find the electric car stuff is all BS, like the Globull warming scam.
Leaving out costs like the $40,000 battery pack that might last 10 years, road taxes, and increased cost of ownership due to higher initial acquisition and insurance costs and lower resale value do not a true picture of “cost per mile” when comparing gas to electric. A gasoline powered car does not need a new $40,000 gas tank every 5 - 10 years.
No, FORCING Americans to only drive electrics (what you are really pushing) will not work, and is no different then claiming medical costs will plummet when all Americans are forced to buy health insurance.
Electricity costs about half as much as oil, as I discussed in #83 and #85. So until gasoline came down to a dollar a gallon, we would be eating everyone else’s lunch. Also, as with any new technology, it is expensive at first and falls relatively quickly. For example, the Chevy Volt cost $41,000 when it began sales four years ago, but now the price has been lowered to around $30,000. The average cost of a new car in this country is $32,000.
“The rare earth minerals on which your toy cars depends are not in unlimited supply, and China controls the vast majority of their production, Russia has a large part of it as well.”
Lithium actually only makes up a tiny part of the cost of lithium ion batteries. Also, one of Tesla's reasons for locating their GigaFactory in Nevada is the lithium mine there. There are lithium mines all around the world, although China is the top refiner of lithium. So it is not a raw material issue. Here is a good article on the subject, and an excerpt:
Nevada’s lithium likely played in Tesla’s factory decision
Nevada is home to the only operating lithium mine in the U.S., which likely played a part, however small, in Tesla Motors Inc.’s decision to locate its much-talked-about battery factory in the state.
The U.S. still imports most of its lithium, with Australia, Bolivia, and Chile among the top exporters of the mineral. But one Nevada mine has been churning out the stuff since the 1960s, and other lithium deposits in the state could come in line depending on demand.
AWESOME POST! Where to begin.
“Your model only includes EU and US markets. So the rest of the WORLD would eat our lunch economically by enjoying plentiful oil and having their transportation costs a fraction of our overgrown throwaway golfcarts.”
We can all generate solar power and store it giant lithium iron batteries too - while China/Vietnam burns coal and cheap oil. Our electric will cost 50 cents per kwh, while they pay less than 10 cents. Guess who wins when it comes to manufacturing?
“The rare earth minerals on which your toy cars depends are not in unlimited supply, and China controls the vast majority of their production, Russia has a large part of it as well.”
We were forced to support the white government of South Africa FOR DECADES because they were the ONLY alternative to the Soviet Union for the supply of Titanium and other critical Cold War materials. Even Jimmy Carter wasn’t able to pull the plug on them.
“We can control oil prices NOW by “Drill here, Drill now” policies, building the pipeline your buddy in the WhiteHut is blocking, and lifting the restrictions on the US exporting oil.”
Oil is now $50, we proved your point and the world WILL NOT run out...not in the next 100 years, at least.
It is ODD that someone would be here trying to get us to buy government-subsidized cars. First, we DO NOT like the taste of them, and second the vast majority of people here are NOT RICH and simply don’t have an extra $80k sitting in the bank to buy a Tesla instead of an Accord.