EVs and Hybrids

 There is a HUGE push inside the current liberal administration to do away with FOSSILS FUELS...  which includes petroleum crude oil and natural gas...  the idea is that we GO GREEN and get all our energy from WIND<>SOLAR<>HYDRO.  That sounds simple enough but we do not have all the natural resources to do this inside the continental United States.

WHO HAS THESE NATURAL RESOURCES?

Did you guess CHINA?

If you did, you'd be right.

Additionally, CHINA has all the natural resouces to make EV Batteries for vehicles as well.

However, how much energy does it take to make EV Batteries and will that energy come from FOSSIL FUELS?

A hybrid car is part electric and part gas and may not be as expensive as a totally electric car, but with the hybrid, the cost of replacing the battery is $5-6,000.  Hybrid batteries may last 6-8 years and some say 10.   BUT...  when you replace the battery, you will spend all the money you save, not buying gasoline...

While it may help the environment, it does not help you financially.

The totally EV cars have the same problem with having to replace batteries...  BUT, they are much more expensive and in some cases too expensive for the average American Worker.

The problem with EV cars is going on a vacation and having to stop for a couple of hours to recharge...  providing you can find a charging station that is open.

Currently, we have less that 10% of the charging stations needed to become fully EV.  The charging stations are waiting for the increase in purchases of EVs before they spend the money on charging stations...

What this means is that the charging stations will always LAG  BEHIND the purchasing of EVs...  so, there will never be enough charging stations until the only car on the road is an EV.

There is no telling how long this will take as those who own gasoline cars, ARE NOT GOING TO PURCHASE and EV until they absolutely have to.

INTERESTINGLY, aircraft can only fly on jet fuel that is made from petroleum crude oil.  I doubt we will ever ELIMINATE commercial or military aircraft.  I doubt that millionaires and billionaires will ever give up their private jets...

REMEMBER.....  DO AS I SAY NOT AS I DO!!!

REMEMBER...

only 1% of the population is ultra wealthy

only 10% of the population is super weathly

only 20% of the population is wealthy

THIS MEANS that 80% does not earn much money, nor do they have a large savings account

EVs and HYBRIDS are trypically for the 20%...  NOT YOU!!!