Quote:
Originally Posted by dAvenue
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.
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If you look at the political environment today domestic oil independence faces HUGE opposition. We can barely even drill offshore let alone tap into our land based oil stores.
There would have to be a huge political shift for us to get to the point where we could be self-sufficient with our own oil.
I'm not saying I'm opposed to it at all. I support it, in fact. I just don't think we can get there given our political climate.