U.S. May Have Only Five Years of Oil Left

PITBOSS · Jun 26, 2025 at 2:09 PM

chemgator said: ↑

Nope. Shit's gonna hit the fan in less than a decade. The first year that we ramp up imports, you might not notice it--maybe a $0.25/gal increase. Second year might be $0.50/gal increase, so you'll notice if you drive a gas- or diesel-powered vehicle. It would not surprise me if the increase continued to double every year to $1.00/gal, $2.00/gal, and $4.00/gal. So by year 10 or so, we may be paying $10.75/gal for gas. The one factor reducing that increase is the rate at which people adopt EV's or, to a lesser extent, hybrids. Somewhere between the $2.00 and $4.00 increases, the demand for EV's will take off, and that might reduce the increases to half of what I predicted (but still substantial), but only if production of EV's can keep up with demand. (And remember, China has a near monopoly on some of the rare earth metals needed for EV technology, so their prices will go up as demand increases. Higher priced-EV's will discourage some from buying them.)

If you took the trouble to read the entire thread before you posted baseless accusations, you would know that I do not drive a Tesla.
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What’s the investment play? Big oil? Tesla? (Ugh).

QGator2414 · Jun 26, 2025 at 4:28 PM

mdgator05 said: ↑

Wait, you are telling me that somebody who bought a giant pickup version of an EV had to stop once on a more than 240 mile trip? Gosh, he could have just used $30 of fuel up instead...
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Yep. Traveling any substantial distances and EVs are nowhere close to where they need to be.

vaxcardinal · Jun 26, 2025 at 4:43 PM

QGator2414 said: ↑

Yep. Traveling any substantial distances and EVs are nowhere close to where they need to be.
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Easy problem to solve. Have your EV tow your ICE car and then when the battery dies switch over to the ICE car to tow the EV to your final destination. Win/win for both sides

mdgator05 · Jun 26, 2025 at 5:48 PM

QGator2414 said: ↑

Yep. Traveling any substantial distances and EVs are nowhere close to where they need to be.
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Lol. Yeah, find the largest one you can find and it has to stop once. You really got them. We should go back to the 15 mile per gallon trucks to solve this very real issue. BTW, you can buy a three row EV SUV that would make that trip with 100 miles to spare. Probably for less than either version of the pickup.

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