Not as long as my G80 keeps truckin' and gas is still available. If the "green's" had their way, they would be jacking the price of gas up to $10 a gallon or more.
Actually, it's big oil and the big refiners (and the speculators) that do a good job in keeping prices inflated.
Big oil got the law changed so that they can now export oil; and prior to that (when it wasn't allowed), they got around that by exporting refined fuels (which was the #1 US export).
The big refiners have consolidated (purchasing smaller refiners), often shutting down the smaller operations.
Certain markets (like the West Coast and Great Lakes area) are controlled by 2-3 companies.
Come spring, there's the inevitable
accident - shutting down or partially shutting down production at 1 or more refineries serving those areas and fuel prices surge for a couple of months.
Don't think full BEVs will overtake the market anytime soon.
There's a shortage of battery manufacture capacity, much less the raw materials needed.
On top of that, there are tons of people out there who don't have easy access to charging and/or can't afford the higher price for a BEV.
At least for the near-term, it's going to be smaller batteries/electric motors being used to improve the efficiency/emissions for ICE - whether that be via 48V, a full hybrid system or a PHEV.
In terms of cost and the quickest return, a 48V system makes the most sense for the majority of buyers.
The cost is more manageable and w/ there now being a 48V system (by Continental) being able to operate in full electric mode (for short periods), the improvements in efficiency/emission are that much greater.