” Some 70% of electrical energy is lost in transmission, according to the DOE.”
You’re off by over an order-of-magnitude, dude.
And far closer to the efficiency of internal combustion engines, which is about 20-25%. The vast majority of the chemical energy of gasoline goes into waste heat.
Hm, Where did that 70% number come from... grrr... ah, found it (a more recent version of the chart I'd filed away several years ago). It includes conversion losses which are considerably larger.