Joe’s crystal ball for the future…
We have to modernize the electric grid. Future autos will shift to more diesels, more hybrid vehicles(mostly diesels & most plug-ins), and some small electric commuter cars. The big challenge now is developing better batteries. Our electricity concumption will skyrocket and the kw/hr cost will probably double. But even then it will still be much cheaper than the present relative cost of gasoline. We’ll have to get electricity from all sources solar, hydro, and wind may end up making 20% of the mix, but the big increase will be Nukes. Traditional fuel oil, coal, etc.. will increase too. Biodiesel, will be big for a while, E85 will be a dud, ultimately Hydrogen fuel-cell cars will be the answer but they’re a long ways away.
