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Spider Jerusalem

(21,786 posts)

13. I think that's ridiculous

Reply to Stuart G (Original post)

Mon Oct 13, 2014, 09:13 AM

Oct 2014

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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17 replies

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Highlight:

Why I Think Gas Prices in USA Will Remain Low for a Couple of Years... [View all] Stuart G Oct 2014 OP

Gas Prices Are Low Because Global Demand Is Lower And Global Supply Is Greater cantbeserious Oct 2014 #1

pump prices have less to do with supply and demand safeinOhio Oct 2014 #3

What the market will bear is about supply and demand Gman Oct 2014 #9

I agree with you that Tesla is a "small player" but, I need to add this. Stuart G Oct 2014 #4

America: You’ve got three more years to drive normally! - Part 2 4dsc Oct 2014 #2

.. unhappycamper Oct 2014 #5

Do you or anyone you know own a Tesla? Renew Deal Oct 2014 #6

I do not know anyone who owns one Stuart G Oct 2014 #7

I drove behind one the other week justiceischeap Oct 2014 #15

This is like saying Windows PC prices are low to force Apple out of business... brooklynite Oct 2014 #8

Supply and demand left the market years ago fasttense Oct 2014 #12

2.85 today Skink Oct 2014 #16

The global economy is slowing, demand is down Fumesucker Oct 2014 #10

They'll go up on Nov. 5 (nt) bigwillq Oct 2014 #11

I think that's ridiculous Spider Jerusalem Oct 2014 #13

The Price of Oil is negotiated by politicians Demeter Oct 2014 #14

Good idea. If it's not Tesla directly, it'll be the impact of overall energy conservation Corruption Inc Oct 2014 #17