Posted on 07/19/2022 12:57:01 PM PDT by Red Badger
Paying near record-high prices for gas may be hitting your wallet hard, but according to Transportation Secretary Pete Buttigieg, that will just make an electric vehicle all the more worth it.
During a House hearing on Tuesday, Buttigieg said, “The more pain we are all experiencing from the high price of gas, the more benefit there is for those who can access electric vehicles.”
Watch the video below:
VIDEO AT LINK.......................
According to AAA, the national average price for a gallon of gas is $4.49, down from $4.98 a month ago.
However, it is up from $3.17 a year ago.
Buttigieg’s argument is just not one that will resonate with the average American, as administration officials talk about the need to “accelerate” a transition to green energy.
According to Kelly Blue Book, the average price of an electric vehicle (EV) is roughly $60,000. As CNBC notes, that is “roughly $10,000 higher than the overall industry average of $46,329 that includes gas and EVs.
“In terms of pricing, an EV is equivalent to an entry-level luxury car,” it added.
On top of paying for the car, EV owners can spend around $2,000 to install “Level 2” chargers that can charge their vehicle in less than eight hours.
Otherwise, “Level 1” charges can take up to 40 hours to charge the vehicle.
And while Buttigieg and the administration like to tout what they say are the savings of owning an EV, a report from the Department of Energy found that when you factor in fuel, maintenance, repairs, financing, and federal tax breaks, a small electric SUV would cost an owner $0.4508 per mile, meanwhile, a gas-powered vehicle around the same size would cost an owner $0.4727 per mile.
That equates to saving about $0.0219 per mile with an EV.
If you multiply the cost per mile by the average life span of a car — 200,000 miles — an EV would cost the owner $90,160 over its life while a gas-powered vehicle would cost $94,540.
That equates to roughly $4,000 in savings over the years.
Perhaps that would be worth it to some Americans, though that’s not exactly some massive saving.
But others will probably look at the trade-offs — save around $4,000 over years but own a car that takes a long time to charge, can’t tow boats or trailers very far, and you have limited charging infrastructure — and decide that it’s not worth it to make the leap to electric.
He and others Dems just keep saying ‘let them eat cake’, or, in this case, buy a $60K electric car. How tone deaf are they?!
Isn’t he due for a case of Monkeypox soon?
I'm not interested in hearing about his anal maladies.
Does this knucklehead poofter ever quit making a fool out of himself?
But people like you won’t feel any pain, you SOB!
If there were a benefit to an EV, it wouldn’t need to be subsidized.
Gee this guy is a goofball!
Yes.
Suppose you have a vehicle that gets 20mpg and you drive it 10k miles per year. Assume you were paying $2.35/Gal and are now paying $5.00/gal. That’s $2.65/gal extra on 500 gallons or $1325.00 a year. Average cost of a battery piece of crap vehicle is $60,000 OR 45 years of driving with the extra cost for gas. EVs just don’t make sense economically.
Or look at it this way. Avg cost of petrol car =$40000 Avg cost of battery vehicle =$60000 Difference =$20000 or 4000 gallons of gas at $5.00/gal. That 100,000 miles at 25 mpg.
In other words, “Let them eat cake!”
The cost of an EV would pay for many years of gas even at current prices.
Is he also proposing thousands of additional power plants to cover the increased pressure on the grid?
This guy is truly clueless.
I only wish we could inflict an equal level pain on him that we are feeling because of him.
Methinks he'd probably enjoy it.
He does not care. If the democrat magic votes comes in at 2am in the morning on election night, why would he care what people thing?!
The Higher the gas price—the bigger the RED WAVE. Keep it up and Biden and Harris will be tossed out and Trump Appointed as President—then the real bloodbath will start with CIA, FBI, and DoD arrests and real show trials. In these they will have no need to lie.
Absolutely no one reports on the payments, tax, title and insurance. Why is that? I don’t know about anyone else, but we sure can’t afford high car payments and installing a charging station. What if you live out in the country along dirt roads. How about the cost of replacing the batteries? Are the batteries even safe? How about the environment? A lot of questions that the Buttlicker can’t answer.
Thanks anyway.
Even his BS is a lie.
If these rats wanted people to *drive* electric vehicles they’d have first ensured plentiful and affordable electricity, say by nuclear. THEN they’d make a case for EVs and encourage makers to develop cars that are fun, practical, or both.
Instead they’re choking the grid with fake eco demands for highly variable solar and wind and crippling dependable electricity of any sort. EVs meanwhile are purposely dull, ugly, and impractical all at once.
From this anyone can see their goals are to take away personal mobility via gas vehicles and replace it with nothing, so that people can move only when and where their feudal overlords permit.
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