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A comment on Oil Crash is Kicking Off One of the Largest Wealth Transfers in History. Parent comment

Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by toomuchtodo on Tuesday February 02, 2016 @02:49PM (#11021970)
> It's not like a rise in the price of electricity will send people with 100% electric cars running to the gas pump.

And, with the cost of renewables continuing to drop, along with government incentives, I don't ever see the cost of electricity going back up. Ever.

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Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by pyre on Tuesday February 02, 2016 @06:00PM (#11023406)
Well, my point was that the 100% electric cars don't run on gas. They would have to purchase a new car to take advantage of the gas prices, which is a higher barrier than just choosing to fill up with "electric fuel" or "liquid fuel" when your car is running low.
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Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by tamana on Wednesday February 03, 2016 @11:34AM (#11027398)
Why do local utilities beg people to reduce their electricity usage?
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Re:Oil Crash is Kicking Off One of the Largest Wealth Transf... by toomuchtodo on Wednesday February 03, 2016 @01:31PM (#11028467)
Because the cheapest watt to generate is the one you didn't have to generate in the first place.

On the other hand, Texas has so much wind power locally that they can't ship out of the state yet that some utilities give power away for free at night:

http://www.nytimes.com/2015/11/09/business/energy-environmen...

As more renewables come online (and they will, I assure you), this will further drive down the per kwh cost.

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