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A comment on Cost of converting entire U.S. to electric cars? Zero.. Parent comment

Re:Cost of converting entire U.S. to electric cars? Zero. by pchristensen on Tuesday May 27, 2008 @08:18AM (#200898)
RE the oil price: at status quo, prices will go up, since Chinese and Indians are learning to spend like Americans.

But if the US spent 8 trillion scrapping its entire auto fleet, that would probably have a chilling effect on oil prices (incidentally making the entire effort less meaningful)

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Re:Cost of converting entire U.S. to electric cars? Zero. by marcus on Tuesday May 27, 2008 @03:39PM (#201332)
Oil prices will continue to rise in the long term because Oil reserves are finite, prices reflect cost to extract a barrel or oil not the cost to produce a barrel of oil.

And people forget that oil has another important uses that aren't related at all to energy, it is used as base material for a most plastics, lubricants and so on.

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