Quote:
Originally Posted by Tcoat
Didn't say it will be tomorrow.
The current systems for classic cars assume that the majority of new cars are still ICE. When ICE goes away yes there will still be those special antique car techs, insurance , parts etc but the price of them will go through the roof. That is ignoring what the price of gas will do when it is a small scale niche hobby product and not a mass consumer commodity.
The change to EVs will force ICE operating costs up way faster than you may think. Every single gallon of gas reduced will eventually push the rest up.
|
Hmm. Oil supply and demand is fickle (particularly when you have market manipulation with opec), but we know that when demand plummeted during covid the prices went down.
No-one might be selling oil burners in the future (at least civilian passenger ones), but those sheikh's will be trying very hard to sell as much as they can.