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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (7381)	8/5/2019 8:57:08 PM
From: robert b furman	Read Replies (2) \| Respond to of 26834

LMAO, Ain't gonna happen. I loved that relationship on cheap flights causing huge jet fuel consumption. Don't look now but crude is dirt cheap back of $55.00 a barrel. That's a recipe for gasoline consumption + even more in EM. Wait till Tesla batteries need to be replaced and have not been done. Talk about resale value killer as gas stays cheap. Good thing the early buyers got the credit - they'll need it after they spend 5k-8k for a battery. If you look at oil production in the Permian, and know that two 42 inch pipelines are being built to take ng,ngl, and oil to the Gulf of Mexico( only 400 miles away) for refining or petrochemical production to be exported, the world is going to continue to see cheap fossil fuels for a long time, especially when they can be processed with inexpensive ng powered electricity. That and they do not have a core charge. LOL This autonomous vehicle, EV plug in hype,ICE gonna be illegal in 2 years (I'd like to bet the established franchised auto dealer organization has a bit to say about that - even in California) is a lot of bull. If there is hype out there, in the market in 2019. that is the next bubble. Ain't gonna happen. Full disclosure - retired internal combustion dealer - LOL. I bet buggy whip makers said the same thing in 1900. lmao Bob