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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Sailing2 who wrote (187605)	1/2/2015 2:33:52 AM
From: Elroy Jetson	1 Recommendation Recommended By dvdw© Read Replies (1) \| Respond to of 206085

Los Angeles is not every-city but most of our delivery trucks, whether UPS or Staples etc, are either electric or natural gas. This has been driven primarily by cost and I don't think this trend will be halted by what most (I think mistakenly) assume is a short-term decline in oil prices. You can include passenger buses in this conversion. truckinginfo.com I assume Los Angeles and perhaps a few other cities are test markets, but a national roll-out could happen quickly. Electric automobiles cost less to operate but are currently limited to costly Tesla's and other vehicles with unfavorable trade-offs due to their use of technology other than lithium. But Tesla's massive new battery factory in Nevada could change that quickly as lithium battery price declines quickly. Although the number of lithium mines is limited currently, lithium is one of the most abundant elements on Earth and new mines will be developed quickly. en.wikipedia.org Another source of demand destruction are stop-start autos in Europe, which tremendously increases city MPG by turning-off the engine the instant the car comes to a stop and immediately staring it when you take your foot off the brake. Having driven BMW and Mercedes stop-start vehicles in Europe, my opinion is this technology is flawless - not so much in Peugeots, but is that really a surprise?