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by TGJ 5575 days ago
I'm curious how higher gas prices are really going to drive alternative fuels. If gas prices go so high that alternative forms of transportation are needed, that will also constitute a massive switch in infrastructure. With gas prices being so high, every facet of the industry will be facing higher costs from transportation.

People will start feeling the pinch from their own transportation along with food and other items as the industries shift the costs to the consumer. In every corner of the market, high gas prices will have an effect, so how is that the market will become ripe for electric cars if for starters, the cars are still expensive (most people needing loans ), and prices for everything are going up?

The idea that there is some golden era when gas hits 5-6$ a gallon and electric gets a large chunk of the market just seems absurd.

1 comments

The idea that there is some golden era when gas hits 5-6$ a gallon and electric gets a large chunk of the market just seems absurd.

I'm sure there's a price per gallon where it makes sense to replace a working and fully paid vehicle with an expensive new vehicle which costs less per mile in fuel costs alone, but it's certainly not $4 per gallon.