When you hear the phrase "Everything that can be invented has been invented" it's attributed to Charles Duell, commissioner of the United States Patent and Trademark Office from 1898 to 1901.
But he didn't say that. In 1899, while Duell was in office, a
joke story in Punch magazine (a comedy magazine) offered a look at the "coming century." A 'genius' asks "isn't there a clerk who can examine patents?" A boy replies "Quite unnecessary, Sir. Everything that can be invented has been invented." This comic exchange was somehow attributed to
Charles Duell and it's referenced in hundreds of books since.
Strange how apt this situation is in 2017, 118 years later. A joke about short-sightedness becomes "truth".
Here's an actual quote from Mr. Duell, where it's pretty apparent he did not suffer from short-sightedness, and was well suited for the task of patent office commissioner.
In my opinion, all previous advances in the various lines of invention will appear totally insignificant when compared with those which the present century will witness. I almost wish that I might live my life over again to see the wonders which are at the threshold. -Charles Duell
Not accusing HS of shortsightedness; actually the opposite. To encourage short-sightedness (of TBN members) may be long-sightedness. Looking forward electric will compete with Petrol, and the inflated price ----- dropping. When its brutally obvious that the consumer clearly saves money, and less goes to the investment sectors.
Petroleum won't go away for a long time, but as electric vehicles rise in popularity, the price of petroleum will drop. For two reasons.
1) The petroleum producers will attempt to slow the shift to electric vehicle advantage by making petroleum more affordable (again). Remember $.25 per gallon? There's a LOT of leeway there..... not to 25c of course but there's lots of profit that can be slashed.
2) The resultant oil surplus will reduce the price. Many truckers, will be able to run their diesel trucks out on lower cost fuel. It will take YEARS. But the sooner electric comes on-board, the sooner the price will drop.
Basically the consumer has nothing but benefits ahead whenever their money is in their pockets, and withheld from top-performing investment sectors. This is the "REAL free market" and its why competition benefits the consumer. And why a monopoly (the petroleum producers) are marketing AGAINST electric so "bigly". Pay attention - the energy investment sector is not rallying against electric "by the goodness of their hearts".