2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 398.57

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Dec 18 4:00 PM EST

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To: gg cox who wrote (132462)	3/22/2017 10:46:30 AM
From: philv	Read Replies (3) of 218599

In regards to electric cars, I question where the power will come from to keep all these cars on the road. No doubt we would need many more electrical generating stations, probably of all types - nuclear, coal, gas etc. I can see electricity rates skyrocketing. The oil market has proved to be quite competitive, and international, keeping prices low. Electrical generation on the other hand, is local, unaffected by international prices. I wonder if in the final analysis, given the losses in transmission, losses in converting and storing electric energy in batteries, wondering if there is a net benefit over gasoline combustion engines?

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