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      07-24-2017, 03:52 PM   #83
Z K
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Drives: E90 M3, G20 M340i
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Quote:
Originally Posted by Fundguy1 View Post
He wanted expensive gas to get people to buy hybrids and EVs. Pretty self explanatory. His energy secretary talked about this before he even took office sayong we needed $4 a gallon to break out oil habit. So he did the only thing he could do to raise prices dramatically his first year in office which was shut down federal lands effectively removing 1/3 of the world's oil reserves.
It only makes sense for people to go to whatever is cheaper to fulfill their needs.

The price of electricity and renewable energy sources is dropping dramatically. Even without high gas prices, it will eventually over take fossil fuels. And fossil fuels will run dry or become so expensive to pump out of the ground that it isnt feasible.

Even as a car enthusiast, I am all for electric cars and alternative fuels. I can drive my electric car for boring commuting and it'll leave more gasoline for me to burn on my fun drives.
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