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On Pike Research's EV blog John Gartner describes an energy security exercise that plays out the economic and political consequences of an oil shock. Spoler alert: it ain't pretty.
The exercise functions on the national and international level, but it's also easy to imagine the local consequences of another oil crisis. In New York, commuting is mostly be done via public transit, but the transportation of goods isn't. Local businesses would face rapidly increasing fuel costs and wasted productivity as they struggled to find gasoline. That's a risk most businesses don't value when deciding on a vehicle.
That's an important counter-balance to the risk of power outages, something folks do consider. Now in fairness, power outages are rare, but economically crippling oil crisis are rarer still. However, in a power outage, some conventional vehicles could likely be pressed into service. There are just so many around. In the case of an oil crisis, the EVs will be in comparitively far greater demand. So, buying an EV could be considered risk management.
