81–90 of 308 posts
It's funny to see these gas prices spike as companies are announcing they're killing their EV models here in the US.
It is worse than that. Companies are killing their EV models and discontinuing [sedans]( https://www.autoblog.com/features/these-automakers-no-longer... ) in favor of trucks and SUVs.
I finally put my money where my mouth is and bought a PHEV. In the past month I've done all my errands around town exclusively on battery power (30-40 miles per charge) from a home L1 charger. I know EV purists will complain about the complexity of maintaining the gas engine, but this hits the perfect sweet spot for me - it doesn't weigh a million tons, it cost under 40k new, and the one weekend a month when I need t…
I still feel that PHEVs combine the worst parts of both worlds. The battery of a PHEV is relatively small and will be strained much more (as compared to an EV), especially if you drive a lot in EV modus. PHEV batteries tend to wear out faster for this reason. This drives up cost of ownership. Then you still have the maintenance / cost of the ICE drivetrain. It does not make sense to me. I feel that a lot of people bu…
With appropriate battery management, this doesn't really drive up the cost, it just moves the depreciation curve around.
Think of it from the other side - with an EV, you're paying up front for a bunch of battery value in a consumable good that you'll never depreciate.
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
The west coast is the only part that relies on middle eastern oil. And a spike in prices will just get them in line and connected to the rest of the shale powered system.
I don’t like any of this, but I think the doom and gloom lies elsewhere.
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
Earlier quoted context omitted.
You have to insure each, pay license and taxes... most also need a parking spot.
A car's ownership costs are dominated by fuel and depreciation (which is a proxy for repairs and maintenance - brake pads, oil changes etc). You're probably going to come out ahead of the fixed costs of licensing, insurance, and registration on gasoline savings alone. The parking spot may or may not be an issue. If you can charge an EV at home, you likely have a garage or driveway. If not, then sure this doesn't appl…
Fuel is very much use dependent. I drive very little so having one large nicer (3 years old off a lease return) made the most sense to me when I had to watch the bottom line. Both financially and quality of life.
I filled up the tank on that thing once every 2-3mo at most. Tires cost more due to simply aging out and the rubber compounds not being as spry as they once were. Other than that it was an oil change once a year. It was a Honda so I think the only repair work I did was a $20 relay that failed I was able to self diagnose, over the 13 years I owned it.
Yeah that’s the extreme end - but there is a lot of middle ground before you get into it being cheaper to have a second vehicle. I do now, but that’s due to owning a ridiculous dream weekend car. Maintaining two cars, insuring them, dealing with less space in the garage for other stuff, etc. really is a giant expensive hassle even if both were cheap(ish) used vehicles.
The math switches once you get to “beater” level cars - but I am far removed from the time of my life where I want to deal with actual car repairs due to things breaking unexpectedly. The used car market also isn’t like it was when I was 22 and broke either. Deals are much harder to come by. I value my time and mental energy far more these days as well.
Different strokes for different folks!
If I went back to a single car I’d likely be looking at a PHEV Lexus or similar class vehicle for a bit of luxury plus reliability. I still rarely drive though so it’s a silly expense either way.
Genius strategy by the USA to disincentivize EVs, disincentivize solar and wind, increase dependency on oil & gas, and...start a war that makes oil and gas more expensive for everyone. Markets are now forecasting oil prices will stay above $100 a barrel for multiple years . Best of luck to the economy.
It'll never go below $100 a barrel.
It went bellow $100 a barrel for the last few years because as US shale processing came online, opec decided to also keep production high which cut oil prices from $100/barrel to ~$50/barrel where it's roughly stayed for the last decade.
There's not another "new way to extract oil for cheap" technique on the horizon. Israel and Iran are both destroying oil extraction and processing facilities in the gulf region, it'll take years and a huge amount of money just to rebuild those. By the time that's finished, assuming it finishes, inflation will have firmly caused the price of oil to stay above $100.
This is basically a permanent increase. We are sort of at global warming catastrophes now. It's not a question of if it will be bad, it's a question of how long and how intense. The longer this war/military operation/regime change/whatever we are doing goes forward, the worse it will be. And, unfortunately, I don't think there's any specific goal the trump admin is trying to achieve. This is such an obvious F-up and Trump will only pull out if he can somehow make a claim that it isn't.
If one removed the country names and just looked at where investment (focus, planning, and money) was, we would see two greatly different pictures. One country is disincentivizing or even blocking renewable energy production, rolling back climate protection measures, trying to revitalize the coal industry, slashing investment in scientific research of all kinds, demonizing higher education, and spending vast and rapi…
While I agree with your overall point, I'm reminded of "the market can stay irrational longer than you can stay solvent" here. The US is a huge economy with a massive military infrastructure. I don't think it's fading to fallen empire status that quickly.