Quote:
Originally Posted by Street Pharmacist
Two things.
1) it's fine to disagree, but it's hard to take a contrasting prediction seriously when it's a guy feeling vs a work based on calculations of known quantities
|
Fair. I think a better way to word how I feel is:
I do not believe that they will be cheaper than an ICE in 10 years for the exact same reason as I do not believe oil demand will increase to 103 Million BPD in 2040. This extrapolation is based on a certain set of assumptions made today that will surely be wrong tomorrow.
I
do believe that EV's will be cheaper and that oil demand will continue to rise for the near future. But not to the extent that either entity is forecasting - a lot has to go right for either scenario to come to fruition.
Again, these are my feelings and I may be wrong. Just trying to maintain a disciplined posture of grey in a world of black/white opinions.