Re:The Problem with Electric Vehicles
by JoeAltmaier on Monday April 04, 2016 @10:58AM
(#11422338)
Gas is $2 right?
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Re:The Problem with Electric Vehicles
by toomuchtodo on Monday April 04, 2016 @11:00AM
(#11422346)
Temporarily. You successfully tell me where oil prices are going to be in a year, and you'll be the richest person in the world.
http://www.macrotrends.net/1369/crude-oil-price-history-char...
It seems unlikely that the price of gas will be able to go much higher than the US fracking break-even point, which seems to be around $25/bbl. [1]
But yes who knows...coming regulations may change that number significantly.
www.breitbart.com/big-government/2016/01/12/crude-oil-price-still-crashing-toward-25-breakeven/
Re:The Problem with Electric Vehicles
by YesProcrast on Monday April 04, 2016 @11:27AM
(#11422610)
Between $1 and $1000.
How do I collect?
Re:The Problem with Electric Vehicles
by maxerickson on Monday April 04, 2016 @11:30AM
(#11422630)
Arbitrage the accuracy of your prediction against the oil futures market.
There's an implicit requirement for a useful prediction of the price in the GP comment.
Re:The Problem with Electric Vehicles
by maxerickson on Monday April 04, 2016 @11:04AM
(#11422399)
Neither number is intended to be all that precise. In a sunny spot, the $5000 would probably be quite a bit more than 1 kilowatt of output. It should anyway probably be 250+ days, so I accidentally controlled for that error.
I would certainly factor the different cost structures in if I was doing the calculation for real (gas could be $4 in a couple years, who knows).