[Still Growing]

I realize that with Electric cars you will still burn energy for electricity however I think that the key is a triple combination... (Electric, Solar and Battery)

Currently the solar and batteries are not efficient enough to power a car for long distances however as these breakthroughs develop they will be. I think that the first breakthrough needs to happen with batteries.

Once batteries can affordably (with less weight) power a light vehicle for 400 miles on a full charge then we'll be able to make the vehicles lighter. Only by making the vehicles completely dependent from combustion power can we make them light enough to reach full efficency.

Then as solar power progresses we'll be able to charge while the car is sitting and even while its driving. It will take many years before cars need no external energy source however I believe that for $40K we'll eventually be able to produce a car that needs no external power.

So what's it mean for all parties concerned?
OIL COMPANIES: Oil companies will still sell oil but to manufacturing and power plants. They will still be profitable.

CAR COMPANIES: Will sell lighter cars that use less material for more money. So they'll maintain their profits.

CONSUMERS: Will not pay as much at the pump but will pay a little more in home energy and via inflation.

In the end, companies will find a way to still profit, the environment will be cleaner and less net energy will be used... But don't think that you as a consumer will come out ahead financially.

I am planning to invest into Lithium or a battery company or in some company that takes the above and starts to excel.

To me it makes the most sense.