Replies to post #15216 on The Rising Influence of Rising Affluence

[DewDiligence]

“We have to have projects that are resilient in a world where oil has peaked,” [Shell CEO] Mr. van Beurden told reporters on a conference call discussing the company’s second-quarter financial results.

That gives the phrase, peak oil a rather different meaning from the conventional one.

[semi_infinite]

Look for the US super majors to follow Shell publicly if not privately already. Shell CEO made a matter of fact statement that his next car will be an EV - his CFO currently drives an EV. I assume that the current public statements was already in their analysis years prior to the BG purchase.

[semi_infinite]

High end Tesla model 3 priced at 44K has same range as high end Tesla S.
https://www.bloomberg.com/technology

Motor Trend first drive impressions. Chief designer's personal car.

http://www.motortrend.com/cars/tesla/model-3/2018/exclusive-tesla-model-3-first-drive-review/

from the MT reviewer ---Have I ever driven a more startling small sedan? I haven’t. At speed, it gains a laser-alertness I haven’t encountered before. By happenstance, associate road test editor Erick Ayapana had penciled me into a 2.0-liter Alfa Romeo Giulia to get here, and it feels like a wet sponge by comparison.