We're already there! If you compare the Chevy Volt to the similarly sized Chevy Cruze, electricity costs about 3¢ per mile on average whereas gasoline costs 7¢ per mile with the current national average gas price of $2.21/gal. At $3.00/gal it is 9¢ per mile for gas.
Get a Volt, make no compromises, and bankrupt the jihadis!
I never argue with statistics, I can prove or disprove anything using statistics. We all know the unemployment rate is below 6% and improving because the statistics are always right - right?
Get a Volt, make no compromises, and bankrupt the jihadis!
It's mutually assured destruction between oil producer nations and their economies if oil prices continue to slide below the cost of production. In that case, the Jihadis (I assume you mean ISIS) have one up on the rest of the world because they have none or little cost of production and can sell at black market prices until they exhaust their ill-gotten sources.
The Jihadis are already bankrupt (or soon to be) if the laws of economics prevail. Buying an electric version of the Yugo will not drive them into bankruptcy. Besides, where is everybody going to get the $30K to purchase an electric car and who is going to provide the infrastructure to support them. After 40+ years of alternate energy development, I doubt if the electric Bolt is the best we can do to replace the ICE vehicle for the masses.
No thanks I'll keep my old clunker until the cost of ownership clearly favours an electric vehicle of similar size, range, and utility. In the meantime, I may have to get a horse and buggy as we devolve further into third world status. I can always eat the horse and burn the buggy if times get desperate and Global Warming is real.
But if everybody ditched their vehicles for bicycles (or horses), it would drive the oil business closer to bankruptcy and we could lose some weight in the process. In fact I would be nice if every electric vehicle included a bicycle in the trunk for those instances where you are stuck along the free way with a dead Bolt and no extension cord.
Finally all bets for the future of fossil fuels are off if Tesla or LENR technology is proven to exist. In that case I'll be first in line to say "gimme dat". In the meantime I'm not holding my breath.