The Troubled Oil Business

Yet my team found in 2011 that far more powerful technologies and design methods, enlightened regula­tion, and maturing financing, marketing, and delivery channels then available could save nearly twice what I originally thought, at one-third the real cost. We showed how the U.S. could run a 2.6-times bigger economy in 2050 with no oil, coal, or nuclear power, $5 trillion cheaper, with no new inventions nor Acts of Congress, led by business for profit. Now, four years later, many of those assumptions look conservative.

.. Leveraging savings in the civilian oil use that’s over 50 times larger, those innovations will ultimately displace our warfighters’ missions in the Persian Gulf and South China Sea — aka Mission Unnecessary.

.. Autos are pivoting from PIGS — Personal Internal-combustion-engine Gasoline Steel-dominated vehicles — to SEALS — Shared Electrified Autonomous Lightweight Service vehicles.

.. Actually, incumbents have even less time than insurgents grant them, because capital flees before customers do.