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Response to Stuart G (Original post)

Mon Oct 13, 2014, 09:13 AM

13. I think that's ridiculous

sorry, but the oil market is international. The largest drivers of demand growth in oil are China and India, not the US. If demand in those countries continues to grow as it has, world market prices for oil will go up, and US fuel prices will go up with them.

Tesla and other electric and hybrid vehicles represent a tiny fraction of the US vehicle market, let alone the global vehicle market; any expectation that widespread adoption of electrics and hybrids is happening soon is over-optimistic based on the currently available evidence.

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