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Oil bust inevitable

I was stuck listening to the radio yesterday and it was interesting to hear there are a lot of companies buying up coal leases real cheap right now.
 
jmanz said:
Saw on CNBC pain at the pump has been replaced with pain at the plug.
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nodle

Post in thread 'Tesla and electric vehicles'

We were discussing electric vehicles yesterday and I was talking about how when the prices of these cars come down, and say get around the 40k mark and actually make it compete with other vehicles, more and more people in rural areas will be purchasing them. This will lead to increased load on the sub-stations. To counter this affect they will have to increase the size and add more infrastructure, which in return will raise the power rates. So eventually all that money you were saving by paying a cheaper power bill, with the new rates will just even itself back out in the long run. Early...
 
It's about like expecting cheaper prices at grocery stores due to decreasing shipping costs only to be offset by rising electric prices to keep the foods cold.
 
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