Quote:
Originally Posted by m4a1mustang
Well, at present there isn't a snowball's chance in hell for domestic oil. So there's really no reason to think we'll be supplying our own oil anytime soon.
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Care to explain why there is not a chance in hell for this?
I could say the same thing about EV vehicles. They are more expensive to manufacture, cost more to the consumer, produce dismal sales figures and do not contribute to a company's profit margin. Electric vehicles certainly do not exist to make money. The only reason they exist is to satisfy government regulations that dictate a company's overall carbon emissions score; EV cars lower that score.
Without question, the vast majority of money is made from sale of gasoline vehicles. Based on that alone, I can safely say there isn't a snowball's chance in hell that combustion engines will be obsolete in 30 years. The market for EV is too small and the cost of producing them is too large.