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semi_infinite

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semi_infinite

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Wednesday, 05/31/2017 11:42:23 AM

Wednesday, May 31, 2017 11:42:23 AM

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Oil demand sensitivity study from Bloomberg -- https://www.bloomberg.com/graphics/2017-oil-projections/?cmpid=BBD053117_MKT&utm_medium=email&utm_source=newsletter&utm_term=170531&utm_campaign=markets

Journalists still don't get that EVs are fuel switching. Fuel switching to whatever generates the cheapest electrons. If Trump wants to get rid of clean air regs, then coal will compete with gasoline and diesel. Lithium cells cost currently down to $140/kw and declining at 15% per year.
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