Re:How big oil will die
by Gibbon1 on Wednesday August 09, 2017 @08:18PM
(#14975073)
The flip side is if if and when electric cars become cheap enough it's possible that they will beat ICE on a cost per mile basis _even if gasoline were free_.
Justification: For a car that gets 30MPG the fuel cost per mile is only 6-7 cents per mile. Total cost per mile is around 50 cents per mile. So only 10-20% of the cost is fuel.
Justification: For a car that gets 30MPG the fuel cost per mile is only 6-7 cents per mile. Total cost per mile is around 50 cents per mile. So only 10-20% of the cost is fuel.