/liberty/ - Liberty

>>73806

>once electric vehicles become cheaper than petrol vehicles?

The technology already has them on par with the cost of your average vehicle. GM had them out in the late 90's and they were killed off. The fact that Tesla makes them and prices them as luxury vehicles does not mean that the technology is expensive. The price for the GM EV1 was $34,000. Not bad at all.

>>73806

Its the Recharging stations that need to be subsidized, not the manufacturing tbh. It is so fucking hard to find one of these places unless you already know where one is, making cross country road trips a fucking hassle.

>>73806

>Implying both aren't subsidized

>Implying oil's main beef is the automotive industry

Oil's main consumers last I checked are industrial manufacturers producing plastics, large-scale transportation, and the energy industry. Cars are sort of just a by-product. This is why Diesel fuel is more expensive than regular fuel even though Diesel fuel is MUCH easier to produce when refining oil. Pretty much >>73813

As for your question, OP, the technology has been there a pretty long time and the government has shown no signs of wanting to stop shoveling money into oil. The main tax revenue source has already been shifting elsewhere for a while now, and will continue to do so.

>>73834

Gasoline is the most consumed petroleum product in the United States. In 2016, motor gasoline consumption averaged 391 million gallons per day, the largest amount recorded and equal to about 47% of total U.S. petroleum consumption.

>>73867

>strawmanning

I was specifically referring to petrol, and not the diesel/lubricant sectors of the industry.

I believe oil is on the decline because we're literally running out of it now anyway. expect price increases over the coming decades as oil companies try to milk it for all they can before the lack of supply and high prices eventually turns everyone to alternatives.

>>What will happen to the Oil Industry once electric vehicles become cheaper than petrol vehicles?

>OH GOD GUYS WE ARE RUNNING OUT OF OIL WHAT DO WE DO WHAT DO WE DOOOOO

>I know! We'll run them on electricity!

>surely we will never run out of Lithium to fit the demands of the global automobile market :^)

>>73911

I'm actually curious how long it'll take the US to "liberate" the Uyuni Salt Flats from Bolivia since they have 50-70% of the world reserves of Lithium under their surface. My inner environmentalist libertarian side weeps over the fact that I'll likely never get to see/walk on the salt flats reflecting the sky near-perfectly in my lifetime, and how the only reason they haven't been destroyed to strip the lithium brine underneath is because satellites use them to calibrate their altimeters.

>>73806

Nothing because you need oil to make electric cars. Electricity is made from oil, plastic is made from oil.

We will never grow past oil.

>>73923

Everything will be made from microbes in the future.

>>73924

So like now…because that's what oil is. It's fossilized microbes.

>>73934

No, more like bacteria slave labor.

>>73923

we will have to grow past oil, because like I said in >>73909 oil is on the decline and will run out, especially since china has become the economic vaccum demanding more resources, and india is on the way too. world population will reach 10 billion by 2070 or so. aside from oil, there are many other elements, ores and such that predicted to run out by 2100, things that are used in everyday electronics, tvs, computers, etc.

>>73938

Peak oil is a meme.

>>73938

>peak oil

Old meme is old

>china has become the economic vaccum

China is inside a massive bubble and itself is massive enough to supply its own resources. What China needs more of is consumers of its products.

>world population will reach 10 billion by 2070

Don't even start with that Malthusian crap. Population has shown to decrease when an area becomes wealthy.

>ores and such that predicted to run out by 2100

ONLY if the technology for locating them doesn't develop or produces no new results, which so far has been proven not to happen.

>Don't even start with that Malthusian crap. Population has shown to decrease when an area becomes wealthy.

that prediction is even with conservative birth estimates. even just replacing every 2 parents with 2 kids. see hans rosling's "don't panic" documentary for his brilliant and eye-catching examples. (excellent, must see!)