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bluGilltoday at 8:28 PM2 repliesview on HN

No. That would require knowing the future.

Trump supporters will tell you not to worry as he has a deal that almost done and oil will once again be cheap soon. (I didn't look up what he is saying, but he typically says things like that).

There are a number of pessimists that will tell you that things will never get better. Or maybe they get better for a short time but peak oil is here and things will get worse again soon.

My guess: Iran has every incentive to keep oil prices high in the US until after the election in November as the Democrats are yelling that much of high gas prices are caused by Trump attacking Iran; the higher fuel prices are the more likely it is Trump supporters in Congress lose their reelection bid and in turn hurt Trump. However I can't predict what happens after this - there are a lot of different force in the world (Both Iran and other countries) that are hurting and nobody know who will "blink" or "do something"; much less what what actions will be taken as a result.

If you can charge at home then trading in for an EV makes sense. Electric at home is vastly cheaper than fuel. If you can't charge at home, electric prices are all over, generally cheaper, but often not by enough to be worth the bother.

Better yet, demand your town put in good public transit. Good transit is expensive in the short run, but a good network means almost everybody in the city sells one car (most people live in a family situation with multiple cars so selling leaves one for whatever their objection is).


Replies

rootusrootustoday at 8:36 PM

I think the future of gas prices looks ... interesting. In the short term we have the war jacking the price up, but in the medium term the increasing popularity of EVs pushes down demand and along with it prices. For a time. Until we start permanently turning off capacity, at which point prices start going back up again. I'm obviously no expert, but I envision the process of going ICE->EV being a series of waves, ebb & flow, as fuel prices react.

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hn_acc1today at 9:26 PM

>If you can charge at home then trading in for an EV makes sense. Electric at home is vastly cheaper than fuel. If you can't charge at home, electric prices are all over, generally cheaper, but often not by enough to be worth the bother.

Sadly, in CA, charging at home (minimum $0.26/kWh) isn't that much cheaper. Sure, maybe half the price of fueling up an efficient gas car, but not like 5x cheaper or anything..

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