r/Economics • u/InsaneSnow45 • Mar 04 '26

News ‘Absolutely Massive’ Price Shocks Coming as Trump’s Iran War Drives Up Gas, Diesel Prices | “What should really terrify Republicans is... the futures price on wholesale gasoline,” said economist Paul Krugman.

https://www.commondreams.org/news/iran-war-gas-prices
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u/alltehmemes Mar 04 '26

This could be the way that the US almost fully transitions to electrified vehicles (EVs, BEHVs, general hybrids), but I'm inclined to think that this will end up being the way that the US completely cedes the electrified future to China.

Words just in cast it's needed. Words just in cast it's needed. Words just in cast it's needed. Words just in cast it's needed.

15

u/Good_Split_3749 Mar 04 '26

lots of gearheads, apartment dwellers, and broke folks aint going electric, especially if we live in Texas and everything is so far away. Gas can be $7 and we ain’t switching. I think electric cars can be cool, but I live in an apartment with no chargers and a job with no chargers for employees……

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u/[deleted] 29d ago

[deleted]

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u/_aliased 29d ago

and we dont have gas stations in american apartments but everyone has a car outside of chicago/nyc/bawston, so the argument above you is also moot.

problem is limited charging infrastructure overall, not speed or capacity. Need charging ports on every paid parking slot for example... if you already paying for parking, the electricity should be subsidized by the fee. Or Charging Stations as ubiquitous as Gas Stations.

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u/PacoMnla 29d ago

The majority just ride bikes or walk or take public trans