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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: LongTermBRK 🐝  😊 😞
Number: of 12538 
Subject: Re: BRK: Why Not XOM?
Date: 12/16/2024 9:28 AM
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>>>In Massachusetts, electricity rate including delivery is about 30 cents/kWh, so 100 miles would cost 0.3*34.6 = $10.38. Most combustion sedans have average driving distance of 30 miles/gallon, 100 miles would cost 3.3 gallon and $10 with $3/gallon price.<<

Thats an excellent point--our electric and natural gas costs here in MA are surging. Natural Gas just informed a 27% increase this season.

If effective cost of EV equals $3.00 per gallon at the gas pump, I just filled up at $2.68 with unleaded gas. So EV is now more expensive here.
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