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Politics : Politics of Energy
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To: Eric who wrote (69605)4/21/2016 10:30:21 AM
From: Maurice Winn2 Recommendations

Recommended By
miraje
Thomas A Watson

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Eric, you have got economics back to front. Oil being cheaper means it gets a new lease on life. When oil is too expensive, THEN it is Game Over. <

Looks like oil is going lower...

More rigs will get laid down.

"Drill baby drill" is over.

The permanent end of an era.
>

People won't pay twice the price for an electric car to park at a Supercharger for half an hour or a couple of hours if there is one car on the charger and one waiting. They will buy a nice cheap gasoline car and fill 'er up cheaply and in a couple of minutes. Even my 7SSS station can't compete with cheap gasoline and diesel.
Mqurice
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