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<blockquote data-quote="bacha29" data-source="post: 5399913" data-attributes="member: 58386">According to the US EIA electricity demand is expected to rise only by an average of 1% annually for the foreseeable future. Why? Perhaps Dr. Jeremy Siegel of the Wharton School of Business can tell you why. He pointed to the fact that today it only requires one fourth the amount of energy to produce a dollar of GDP than it did back in the 1970&#039;s .As for refineries, how much production capacity do you think you need if the transition to EV&#039;s are well underway. In fact two weeks ago International which happens to be now owned by Volkswagen rolled out it&#039;s latest new road tractor model. Not a lot different than previous models except for a last ditch effort to make a bit more fuel efficient . But, they also made one fact clear regarding this newest model....It will also be the LAST road tractor they make that will be powered by a diesel engine.Now if you just want to sit there all day letting Fox News scare you that&#039;s just fine. The rest of us have better things to do.</blockquote>

[QUOTE="bacha29, post: 5399913, member: 58386"] According to the US EIA electricity demand is expected to rise only by an average of 1% annually for the foreseeable future. Why? Perhaps Dr. Jeremy Siegel of the Wharton School of Business can tell you why. He pointed to the fact that today it only requires one fourth the amount of energy to produce a dollar of GDP than it did back in the 1970's . As for refineries, how much production capacity do you think you need if the transition to EV's are well underway. In fact two weeks ago International which happens to be now owned by Volkswagen rolled out it's latest new road tractor model. Not a lot different than previous models except for a last ditch effort to make a bit more fuel efficient . But, they also made one fact clear regarding this newest model....It will also be the LAST road tractor they make that will be powered by a diesel engine. Now if you just want to sit there all day letting Fox News scare you that's just fine. The rest of us have better things to do. [/QUOTE]

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