Trump has said many things. He said Saudi Arabia should give the U.S. free oil for 10 years. He also plans to open more public lands for fossil fuel extraction. Which refiners are going to pay for more-expensive-to-produce oil from fracking when Saudia Arabia is giving them oil? He said he will place tariffs on imports to protect American jobs. What about companies and their employees who use some of those imports in producing their products? It is well-known that tariffs benefit some while hurting others. Life is obviously not as simple as he portrays it. I think we may be about to receive a large scale lesson in that.
As for crushing cars, that's nonsense. And all the rhetoric in the world doesn't change the facts that (1) "tight oil" from shale is just a flash in the pan, due to very high production decline rates, (2) kerogen, or "oil shale" (not "shale oil" which is tight oil) has been worked on for at least 20 years and never proved to be economic to produce, (3) despite record increases by oil companies in investment in exploration, discoveries of new oil fields have declined over the last decade and most conventional oil fields are in decline, meaning production from them is decreasing. That's why they have been moving into natural gas fracking. But the oil companies are not going to tell the public that any more than Trump is going to admit that he lies and grossly oversimplifies. They will bluff as long as they can. Eventually it will become obvious to everyone that oil supply is shrinking as demand increases due to the resulting increasing prices. No one knows when the latter will exceed the former, but even the most optimistic fossil fuel cheerleader, Daniel Yergin of CERA who has along history of erroneously optimistic prognostications, says it will likely be within 20-30 years. That's a lot longer than 2 presidential terms though... If we wait until demand is starting to exceed supply it will of course be far too late. It takes generations to make such huge transitions in energy supply and transportation, and you need the unrivaled energy density of fossil fuels to help make that transition. There is no doubt we will be making some large transitions in the future. The question is only when and how effectively. But the only question in the minds of fossil fuel company CEOs and their ilk is who is going to control the money and the power, and that is what politics is all about. And then there is climate change. It's going to be interesting times, as the curse goes. -- View this message in context: http://electric-vehicle-discussion-list.413529.n4.nabble.com/OEM-s-jump-on-Trumps-screw-America-wagon-tp4684425p4684437.html Sent from the Electric Vehicle Discussion List mailing list archive at Nabble.com. _______________________________________________ UNSUBSCRIBE: http://www.evdl.org/help/index.html#usub http://lists.evdl.org/listinfo.cgi/ev-evdl.org Read EVAngel's EV News at http://evdl.org/evln/ Please discuss EV drag racing at NEDRA (http://groups.yahoo.com/group/NEDRA)
